ZAGG Incorporated (ZAGG) PT Raised to $7.75 at Ladenburg Thalmann Due to a Current Sales Rebound and Expected Cash Flows

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Go back to ZAGG Incorporated (ZAGG) PT Raised to $7.75 at Ladenburg Thalmann Due to a Current Sales Rebound and Expected Cash Flows

ZAGG Inc Reports Second Quarter 2020 Results

August 4, 2020 4:05 PM EDT

SALT LAKE CITY, Aug. 04, 2020 (GLOBE NEWSWIRE) -- ZAGG Inc (Nasdaq: ZAGG) (we, us, our, ZAGG, or the Company), a leading global mobile lifestyle company, today announced financial results for the second quarter ended June 30, 2020.

Second Quarter 2020 Review (Comparisons versus Second Quarter 2019)

Net sales of $77.1 million compared to $106.8 millionGross profit margin of 30% compared to 35%Net loss of $(3.3) million compared to $(5.3) millionDiluted loss per share of $(0.11) compared to $(0.18)Adjusted EBITDA of $0.1 million compared to $2.4 millionCash provided by operating activities of $2.7 million compared to cash used in... More