CUI Global (CUI) Misses Q2 EPS by 10c, Slight Miss on Revenues
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CUI Global, Inc. Reports Unaudited Second Quarter 2018 Financial Results
August 6, 2018 5:30 AM EDTTUALATIN, Ore., Aug. 6, 2018 /PRNewswire/ --Â CUI Global, Inc. (NASDAQ: CUI), (the "Company") today reported its unaudited financial results for the three months and six months ended June 30, 2018.
Note 1: Effective January 1, 2018, the Company adopted Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers (Topic 606), utilizing the modified retrospective method. To allow for easier comparison with prior periods and as required under the modified retrospective transition method, results for the three months and six months ended June 30, 2018 under old revenue rules, ASC Topic 605, are provided following the 'Recent Business and Operational Highlights'... More
