Black Diamond (BDE) Tops Q4 EPS by 3c

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Black Diamond Reports Fourth Quarter and Full Year 2015 Results

March 14, 2016 4:05 PM EDT

SALT LAKE CITY, March 14, 2016 (GLOBE NEWSWIRE) -- Black Diamond, Inc. (NASDAQ: BDE) (the Company), a global leader of innovative active outdoor performance equipment and apparel, under the brand name Black Diamond®, reported financial results for the fourth quarter and full year ended December 31, 2015.

Reported results are from continuing operations, excluding the results of POC Sweden AB and POC USA, LLC for all periods presented.

Fourth Quarter 2015 Financial Summary vs. Same Year-Ago Quarter

Sales of $44.1 million, down 4% (unchanged in constant currency)Gross margin of 33.5%, down 160 basis points (up 90 basis points in... More