Recent

% | $
Quotes you view appear here for quick access.

Quiksilver Inc. Message Board

  • palosparkflash palosparkflash Jun 2, 2011 4:16 PM Flag

    Earrnings, not bad...

    Earnings looked good, revenue increased... Pro-forma income from continuing operations was $17.3 million, or $0.09 share and they paid down debt.

    "Revenues grew 2% to $478.1 million as compared to $468.3 million in the second quarter of fiscal 2010. Consolidated gross profit of $262.2 million increased 5% compared to the second quarter of fiscal 2010 as gross margin expanded 160 basis points to a second quarter record of 54.8% of revenues. Pro-forma Adjusted EBITDA of $62.1 million was higher than the company’s expectations and was roughly the same as a year ago. Pro-forma income from continuing operations was $17.3 million, or $0.09 per share, compared to $15.7 million in the second quarter of fiscal 2010. Pro-forma income for the second quarter of fiscal 2011 primarily excludes a $74.1 million non-cash goodwill impairment charge and valuation allowances provided against tax assets totaling $26.0 million related to the Asia Pacific region. Including the impairment charges and valuation allowances, the loss was $83.3 million, or $0.51 per share, compared to income from continuing operations of $8.8 million, or $0.06 per share"

 
ZQK
0.6031-0.0269(-4.27%)Jul 2 4:03 PMEDT