Sleep Number Corp Q4 Loss Decreases, Beats Estimates

Sleep Number Corp (SNBR) revealed Loss for fourth quarter that decreased from last year and beat the Street estimates.

The company's bottom line came in at -$4.67 million, or -$0.21 per share. This compares with -$25.19 million, or -$1.12 per share, last year.

Analysts on average had expected the company to earn -$0.23 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period fell 12.3% to $376.82 million from $429.52 million last year.

Sleep Number Corp earnings at a glance (GAAP) :

-Earnings: -$4.67 Mln. vs. -$25.19 Mln. last year.
-EPS: -$0.21 vs. -$1.12 last year.
-Revenue: $376.82 Mln vs. $429.52 Mln last year.

by RTTNews Staff Writer

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