"SALT LAKE CITY, Oct. 10, 2013 (GLOBE NEWSWIRE) -- ZAGG Inc (ZAGG), a leading mobile device accessories company with a brand portfolio that includes ZAGG and iFrogz, today announced certain preliminary third quarter 2013 financial results. The Company expects revenue for the quarter of approximately $50.0 million. The Company also expects gross margins to exceed 44% and Adjusted EBITDA to exceed $10.0 million."
Oct 10 (Reuters) - Zagg Inc, which makes scratch guards for mobile and tablet devices, estimated third-quarter revenue below Wall Street expectations, sending its shares down 9 percent in trading after the bell.
The company said it expects revenue of about $50 million, below the average analyst expectation of $54 million, according to Thomson Reuters I/B/E/S.