Zagg: 3Q Earnings Snapshot
MIDVALE, Utah (AP) _ Zagg Inc. (ZAGG) on Wednesday reported third-quarter earnings of $8.7 million.
On a per-share basis, the Midvale, Utah-based company said it had profit of 30 cents. Earnings, adjusted for non-recurring costs, were 42 cents per share.
The mobile device accessory maker posted revenue of $146.5 million in the period.
Zagg expects full-year earnings in the range of 75 cents to $1 per share, with revenue in the range of $520 million to $550 million.
Zagg shares have fallen 25% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $7.32, a decline of 40% in the last 12 months.