Quiksilver Inc. (ZQK) Thursday reported first-quarter net loss attributable to Quiksilver of $31.1 million or $0.19 per share, wider than $22.6 million or $0.14 per share in the prior year period.
Pro-forma loss for the latest first quarter widened to $25.9 million or $0.16 per share from $20.3 million or $0.12 per share in the previous year quarter. On average, ten analysts polled by Thomson Reuters expected the company to report a loss of $0.07 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues were $431.02 million, down from $449.62 million in the comparable quarter last year, while ten analysts expected revenues of $465.00 million.
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