Black Diamond Inc (BDE) Releases Earnings Results, Misses Expectations By $-0.06 EPS

Black Diamond Inc (BDE) reported quarterly earnings results on Monday, May-2-2016. The company reported $-0.07 earnings per share for the quarter, missing the analyst consensus estimate by $-0.06. Analysts had a consensus of $-0.01. The company posted revenue of $38.20 million in the period, compared to analysts expectations of $37.66 million. The company’s revenue was down -8.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.05 EPS.

Black Diamond Inc (BDE) witnessed a volatile trading activity on Wednesday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $4.48 and reached the intraday high at $4.48. The bulls started the profit booking and pushed the shares to intraday low of $4.41. The trading session was marked by a volume range of 42,727 shares exchanging hands. The 52-week high of the shares is $10.2 and the 52-week low is $3.8. The market cap of the company stands at $137 M and there are 3,08,44,156 shares in public circulation.

In a different news, on Nov 23, 2015, Aaron Kuehne (CFO) purchased 5,186 shares at $4.58 per share price. According to the SEC, on Nov 18, 2015, Nicolas Sokolow (director) purchased 20,000 shares at $4.09 per share price.

Black Diamond Inc. is engaged in the designing manufacturing and marketing active outdoor performance equipment and apparel for climbing mountaineering backpacking skiing cycling and a range of other year-round outdoor recreation activities. The Company offers a range of products including: performance apparel (such as jackets shells pants and bibs) rock-climbing equipment (such as carabiners protection devices harnesses belay devices helmets and ice-climbing gear); technical backpacks and high-end day packs; tents; trekking poles; headlamps and lanterns and gloves and mittens. It also offers design helmets body armor and goggles for skiing mountain and road cycling as well as eyewear skis ski poles ski bindings ski boots ski skins and ski safety products including avalanche transceivers shovels and probes. The company’s principal brands include Black Diamond POC and PIEPS.

Black Diamond Inc

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