Piper Jaffray 'Encouraged' on Crocs (CROX) After Q1 Call
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Crocs Inc. Reports First Quarter 2015 Financial Results
May 8, 2015 7:30 AM EDTNIWOT, Colo., May 8, 2015 (GLOBE NEWSWIRE) -- Crocs Inc. (Nasdaq: CROX) today reported financial results for the first quarter ended March 31, 2015.
First Quarter Highlights:
GAAP revenue was $262.2 million, in line with expectations. On a constant currency basis, revenue decreased 8% as compared to the prior year. Net loss attributable to common stockholders on a GAAP basis was $0.08 per diluted share for the first quarter. Excluding certain non-recurring and special charges, the company reported non-GAAP adjusted net income attributable to common shareholders of $4.7 million. The company announced a... More