ZAGG, Inc. (ZAGG) Misses Q4 EPS by 7c, Revenues Miss; Offers FY20 EPS Guidance Below Consensus

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Go back to ZAGG, Inc. (ZAGG) Misses Q4 EPS by 7c, Revenues Miss; Offers FY20 EPS Guidance Below Consensus

ZAGG Inc Reports Record Fourth Quarter Net Sales and Announces Full Year 2019 Results

March 11, 2020 4:05 PM EDT

SALT LAKE CITY, March 11, 2020 (GLOBE NEWSWIRE) -- ZAGG Inc (Nasdaq: ZAGG) (the Company), a leading global mobile lifestyle company, today announced financial results for the fourth quarter and full year ended December 31, 2019.

Fourth Quarter 2019 Review (Comparisons versus Fourth Quarter 2018)

Net sales of $189.9 million, an increase of 14% compared to $166.5 millionGross profit of 36% compared to 35%Net income of $25.0 million compared to $14.3 millionDiluted earnings per share of $0.85 compared to $0.52Adjusted EBITDA of $30.5 million compared to $28.1 million

2019 Full Year Review... More