Winnebago Industries Inc. (WGO) said its first-quarter net loss narrowed to $1.34 million from $9.60 million a year ago.
On a per share basis, the company had a net loss of 5 cents for the latest quarter versus a loss of 33 cents last year. On average, 4 analysts polled by Thomson Reuters expected loss per share of $0.07 for the quarter. Analysts' estimate typically excludes one-time items.
Revenues for the first quarter of fiscal 2010 ended November 28, 2009 were $81.0 million, an increase of 16.7% versus $69.4 million in the prior year period. Two analysts estimated revenues of $108.22 million.
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