Zagg: 1Q Earnings Snapshot
Posted May 28, 2020 08:52:29 PM.
Last Updated May 28, 2020 08:54:07 PM.
This article is more than 5 years old.
MIDVALE, Utah (AP) _ Zagg Inc. (ZAGG) on Thursday reported a loss of $75.6 million in its first quarter.
On a per-share basis, the Midvale, Utah-based company said it had a loss of $2.54. Losses, adjusted for non-recurring costs and asset impairment costs, came to 76 cents per share.
The mobile device accessory maker posted revenue of $91 million in the period.
In the final minutes of trading on Thursday, the company’s shares hit $3.10. A year ago, they were trading at $6.89.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ZAGG at https://www.zacks.com/ap/ZAGG
The Associated Press
