Under Armour Continues Turnaround Unlisted Video
5 years ago
3
News
Kevin Plank
Bloomberg L.P
Markets Insider
Navistar International
$230 Million
$1.21 Billion
$23.3 Million
$10 Million
North America
Chairman and CEO
Under Armour shares rose more than 4% in pre-market trading after the company beat first quarter expectations for earnings and revenue. The company appears to be recovering from a slowdown in business and management issues. The company recorded earnings of $0.05 a share, beating the $0.01 that analysts surveyed by Bloomberg were looking for. Overall, adjusted net earnings came in at $23.3 million. Revenues of $1.21 billion edged out the $1.18 billion that was expected.
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