ZAGG Reports Fourth Quarter and Full Year 2018 Results
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ZAGG Incorporated (ZAGG) PT Lowered to $22 at Ladenburg Thalmann
March 13, 2019 9:01 AM EDTLadenburg Thalmann analyst Jon Hickman lowered the price target on ZAGG Incorporated (NASDAQ: ZAGG) to $22.00 (from $24.00) while maintaining a Buy rating. On the earnings call management provide preliminary guidance for 2019 with revenues in the range of $610 to $630 million and adjusted EBITDA between $82 to $86... More
ZAGG, Inc. (ZAGG) Tops Q4 EPS by 6c, Revenues Beat; Offers FY19 EPS Guidance Below Consensus, FY19 Revenue Mid-Point Below Cosnensus
March 12, 2019 4:11 PM EDTZAGG, Inc. (NASDAQ: ZAGG) reported Q4 EPS of $0.55, $0.06 better than the analyst estimate of $0.49. Revenue for the quarter came in at $166.5 million versus the consensus estimate of $163.29 million.
Net sales of $166.5 million compared to $176.9 millionGross profit of 35% compared to 32%Net income of $14.3 million compared to $8.1 millionDiluted earnings per share of $0.52 compared to $0.28Adjusted EBITDA of $28.1 million compared to $35.8 millionChris Ahern, chief executive officer, commented, Our fourth quarter performance was shaped by results from our core business that were... More
