ZAGG Reports Second Quarter 2019 Results

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Go back to ZAGG Reports Second Quarter 2019 Results

ZAGG, Inc. (ZAGG) Misses Q2 EPS by 5c, Guides Below Views; Confirms Review of Strategic Alternatives

August 6, 2019 4:09 PM EDT

ZAGG, Inc. (NASDAQ: ZAGG) reported Q2 EPS of ($0.18), $0.05 worse than the analyst estimate of ($0.13). Revenue for the quarter came in at $106.8 million versus the consensus estimate of $105.41 million.

Chris Ahern, chief executive officer, commented, Our second quarter results were in-line with our recent expectations and on a year-over-basis reflect the impact of our three recent acquisitions, which are heavily back half-weighted in terms of sales, combined with an increasingly challenging domestic selling environment for our core business. We continue to make good progress capitalizing on the growth prospects for our newly acquired... More