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Skullcandy Inc reaffirms FY 2014 revenue guidance; gives FY 2014 EBIT guidance above analysts' estimates; raises FY 2014 EPS guidance; gives Q3 2014 guidance; EPS guidance below analysts' estimates


Thursday, 31 Jul 2014 04:07pm EDT 

Skullcandy Inc:Says that for FY 2014, the company still forecasts net sales to increase in mid to high single digit percentage range over FY 2013 levels.Says it is providing guidance for GAAP operating income (EBIT) of $8.3 mln to $9.7 mln and increasing guidance for net income on GAAP fully-diluted per share basis to range of $0.22 to $0.26 per share.Forecasts Q3 2014 net sales to increase between 7 pct. to 9 pct. over 2013 levels and net income on a GAAP fully-diluted per share basis of $0.02 to $0.05.Reported revenue of $210.09 mln in FY 2013 and revenue of $50.00 mln in Q3 2013.FY 2014 revenue of $225.37 mln, EBIT of $6.8 mln and EPS of $0.19 - Thomson Reuters I/B/E/S.Q3 2014 revenue of $53.92 mln and EPS of $0.06 - Thomson Reuters I/B/E/S. 

Company Quote

8.78
-0.04 -0.45%
19 Dec 2014