Black Diamond (BDE) Reports Q2 Loss of $0.11/Share

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Black Diamond, Inc. Reports Second Quarter 2017 Results

August 7, 2017 4:06 PM EDT

SALT LAKE CITY, Aug. 07, 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 second quarter ended June 30, 2017.

Second Quarter 2017 Financial Summary vs. Same Year-Ago Quarter

Sales of $30.7 million, up 5%.Gross margin up 90 basis points to 29.5%.Net loss was $3.7 million or $(0.12) per share, compared to a net loss of $3.2 million or $(0.10) per share. Net loss in the year-ago quarter benefited from... More