Black Diamond (BDE) Tops Q3 EPS by 5c

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Black Diamond, Inc. Reports Third Quarter 2016 Results

October 31, 2016 4:05 PM EDT

SALT LAKE CITY, Oct. 31, 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 third quarter ended September 30, 2016.

Reported results are from continuing operations, excluding the results of POC Sweden AB and POC USA, LLC, which the Company sold on October 7, 2015, for all periods presented.

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

Sales up slightly to $39.4 million vs. $39.3 million (up 3% in constant currency)Gross margin... More