New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 7, 2013
16:41 EDTSKULSkullcandy sees FY12 non-GAAP EPS at lower end of $1.00-$1.04 guidance
Consensus is for FY12 EPS $1.02. In addition to the previously disclosed settlement of litigation that the Company recorded in the Q1 of FY12, which is expected to impact 2012 non-GAAP adjusted fully diluted earnings per share by 1c per share, the Company also intends to exclude from its 2012 non-GAAP adjusted fully diluted earnings per share certain expenses that it anticipates recording in the Q4 of FY12 related to the bankruptcy filing of a major retail customer and expenses associated with the settlement of patent litigation totaling approximately $1.6M, net of tax benefit, or 6c per diluted share. Absent these adjustments, the Company expects that its 2012 fully diluted earnings per share, calculated in accordance with GAAP, to be approximately 93c per share. The Company expects its FY12 fully diluted weighted average common shares outstanding to be approximately 28.0 million.
News For SKUL From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
There are no results for SKUL

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use