12:00 pm Outerwall trades lower following mixed Q2; in-line FY15 guidance
Outerwall (OUTR 70.86, -10.96) is trading about 13.4% lower this afternoon following the company's mixed second quarter results. OUTR also guided for fiscal year 2015 earnings per share (EPS) and revenues, and concluded the earnings release with the announcement that Erik Prusch would be taking over as the new CEO.
If you are not familiar, OUTR is the owner of the Redbox DVD rental service, operates Coinstar machines and operates ecoATM kiosks for mobile phone recycling.
For Q2, OUTR reported EPS which …More