Black Diamond Inc (BDE) Releases Earnings Results, Misses Expectations By $-0.02 EPS

Black Diamond Inc (BDE) reported quarterly earnings results on Monday, Aug-1-2016. The company reported $-0.08 earnings per share for the quarter, missing the analyst consensus estimate by $-0.02. Analysts had a consensus of $-0.06. The company posted revenue of $29.10 million in the period, compared to analysts expectations of $28.32 million. The company’s revenue was down -3.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.01 EPS.

Black Diamond Inc closed down -0.03 points or -0.71% at $4.21 with 33,835 shares getting traded on Friday. Post opening the session at $4.21, the shares hit an intraday low of $4.18 and an intraday high of $4.24 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

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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