Black Box (BBOX) Misses Q2 EPS by 3c, Offers Q3 & FY Guidance

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Black Box Corporation Reports Second Quarter of Fiscal 2016 Results

October 27, 2015 4:09 PM EDT

PITTSBURGH--(BUSINESS WIRE)-- Black Box Corporation (NASDAQ: BBOX), a leading technology solutions provider dedicated to helping customers design, build, manage and secure their IT infrastructure, today reported results for the second quarter of Fiscal 2016 and six-month period ended September 26, 2015.

2Q16 Results

Revenues were $236.8 million, down 5% from $248.9 million for the same period last year and up 3% from $229.2 million in the sequential period. Benefit from income taxes was $21.5 million (14.2% effective rate), compared to provision for income taxes of $2.6 million (45.2% effective rate)... More