SharkNinja, Inc. (SN), a product design and technology company, Thursday reported net income of $132.33 million or $0.94 per share for the third quarter, significantly higher than $18.72 million or $0.13 per share in the same quarter a year ago, primarily helped by growth in sales in all of its major product categories. The company also raised its full-year outlook.
Excluding one-time items, earnings were $170.5 million or $1.21 per share, that beat the analysts average estimate of $1.14 per share. Analysts' estimates typically exclude special items.
Operating income increased to $180.26 million from $94.55 million last year.
Revenue for the quarter grew to $1.427 billion from $1.071 billion in the previous year. The consensus estimate was for $1.32 billion.
Looking ahead, SharkNinja currently sees adjusted EPS in the range of $4.13 - $4.24, up from the previous outlook of $4.05 - $4.21.
Sales growth outlook for the year has been raised to 25 percent- 26 percent from 20 percent - 22 percent.
Analysts expect the company to report earnings of $4.25 per share on revenue growth of 23.1 percent for the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.