Zagg issues Q3 warning

ZAGG expects to report Q3 revenue of $50M, below a consensus of $54M. Gross margin is expected to be above 44%, up from Q2's 42.1% and perhaps down from 44.5% a year earlier. Adjusted EBITDA is expected to total $10M+ vs. $10.5M in Q2 and $12M a year ago. (PR)

Full Q3 results arrive on Nov. 5. A decent amount of bad news has already been priced in.

Comments (3)
  • Nitrexx11
    , contributor
    Comments (161) | Send Message
    nice increase on the gross margin at least
    10 Oct 2013, 07:43 PM Reply Like
  • TruffelPig
    , contributor
    Comments (4208) | Send Message
    I am waiting for a quarter without, what a terrible company. One of my worst picks ever together with $AT.
    10 Oct 2013, 08:29 PM Reply Like
  • Nitrexx11
    , contributor
    Comments (161) | Send Message
    The potential is there, IF they ever get it together
    11 Oct 2013, 09:57 PM Reply Like
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