Arctic Cat Reports Fiscal 2016 Third Quarter Results

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Arctic Cat (ACAT) Misses Q3 EPS by 31c; Lowers Guidance, Suspends Dividend

January 28, 2016 6:33 AM EST

Arctic Cat (NASDAQ: ACAT) reported Q3 EPS of ($0.18), $0.31 worse than the analyst estimate of $0.13. Revenue for the quarter came in at $166 million versus the consensus estimate of $191.51 million.

The company suspended its quarterly cash dividend to continue investing for return to... More