Black Diamond Q4 Profit Rises - Quick Facts

(RTTNews) - Black Diamond, Inc. (BDE) Monday reported fourth-quarter profit of $0.7 million or $0.02 per share, up from $0.5 million or $0.02 per share in the same period last year.

Adjusted earnings for the quarter were $3.6 million or $0.11 per share. On average, eight analysts polled by Thomson Reuters expected the company to report a loss of $0.01 per share for the quarter. Analysts' estimates typically exclude special items.

Sales increased 24 percent to $60.4 million from $48.8 million last year. Analysts expected sales of $60.60 million.

Looking ahead, Black Diamond expects full-year sales to be in a range of $235 million to $240 million. Analysts currently expect full-year sales of $239.37 million.