Jason Industries (JASN) Tops Q4 EPS by 3c
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Jason Industries, Inc. Reports Fourth Quarter and Full-Year 2015 Results
March 1, 2016 8:02 AM ESTFourth quarter organic sales growth of three percentAnnounces cost reduction and margin expansion programProvides 2016 guidance
MILWAUKEE, March 01, 2016 (GLOBE NEWSWIRE) -- Jason Industries, Inc. (NASDAQ: JASN) (NASDAQ: JASNW) (Jason or the Company) today reported fourth-quarter 2015 net sales of $173.8 million, net loss of $84.7 million and diluted loss per share of $3.20. These results include pre-tax goodwill and intangible asset impairment charges of $94.1 million, restructuring and integration costs of $5.9 million and pre-tax share based compensation expense of $1.5 million. For fourth-quarter 2015,... More
