Fox Factory Holding Corp (FOXF) reported quarterly earnings results on Wednesday, May-4-2016. The company said it had a profit of $0.16 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.02. Analysts had a consensus of $0.14. The company posted revenue of $80.20 million in the period, compared to analysts expectations of $74.47 million. The company’s revenue was up 18.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.12 EPS.
Fox Factory Holding Corp closed down -0.16 points or -0.92% at $17.15 with 80,548 shares getting traded on Monday. Post opening the session at $17.28, the shares hit an intraday low of $17.13 and an intraday high of $17.3 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
In a different news, on Mar 9, 2015, Elias Sabo (director) purchased 100,000 shares at $14.87 per share price.
Fox Factory Holding Corp. (FOX) is a designer manufacturer and marketer of ride dynamics component products used primarily on bicycles side-by-side vehicles or Side-by-Sides on-road vehicles with off-road capabilities off-road vehicles and trucks all-terrain vehicles or ATVs snowmobiles specialty vehicles and applications and motorcycles as well as suspension systems or life kits used on trucks. The Company’s products fall into the two categories: bikes and powered vehicles including Side-by-Sides on-road vehicles with off-road capabilities off-road vehicles and trucks ATVs snowmobiles specialty vehicles and applications and motorcycles. The Company is the holding company of Fox Factory Inc. The Company designs and markets its products to original equipment manufacturers (OEM’s) in its markets and to consumers through the aftermarket channel.