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2017-03-06_Black_Diamond_Inc_Reports_Fourth_Quarter_and_Full__127.pdf
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📊 Size: 98 KB
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Black Diamond, Inc. reported its Q4 and full-year 2016 results, with sales of $41.4 million, down 6% from the same year-ago quarter, and full-year sales of $148.2 million, down from $155.3 million in 2015. Gross margin was 29.1% in Q4 and 29.5% for the full year, with foreign currency headwinds accounting for 290 and 330 basis points of the decline, respectively. The company reported a net loss from continuing operations of $1.4 million in Q4 and $9.0 million for the full year. Adjusted net income was $0.4 million in Q4 and an adjusted net loss of $2.6 million for the full year. The company expects 2017 sales to grow 3%-7% to $153-$158 million, with gross margin increasing 300-400 basis points to 32.5%-33.5%.

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Black Diamond, Inc.

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  • File Format: PDF
  • File Size: 98 KB
  • Pages: 12
  • Language: EN
  • Total Downloads: 35
  • Last Updated: 2 months ago

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