Black Diamond (BDE) Misses Q2 EPS by 4c

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Black Diamond Reports Second Quarter 2016 Results

August 1, 2016 4:06 PM EDT

SALT LAKE CITY, Aug. 01, 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 second quarter ended June 30, 2016.

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

Second Quarter 2016 Financial Summary vs. Same Year-Ago Quarter

Sales of $29.1 million, down 3% ($30.2 million in constant currency, up slightly).Gross margin of 28.6%, down 640... More