Black Diamond (BDE) Reports Q1 EPS of $0.02
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Black Diamond, Inc. Reports First Quarter 2017 Results
May 8, 2017 4:05 PM EDTSALT LAKE CITY, May 08, 2017 (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 first quarter ended March 31, 2017.
First Quarter 2017 Financial Highlights vs. Same Year-Ago Quarter
Sales of $41.6 million, up 9%.Gross margin up 90 basis points to 29.6%.Selling, general and administrative expenses down 12% to $12.5 million.Net loss was $1.5 million or $(0.05) per share, compared to a net loss of $4.0 million or $(0.13) per... More