More on Exide Technologies (XIDE): FQ3 bottom line misses hard, swinging to a loss as the...

|About: Exide Technologies (XIDEQ)|By:, SA News Editor

More on Exide Technologies (XIDE): FQ3 bottom line misses hard, swinging to a loss as the battery maker's restructuring and impairment expenses jumped, margins tightened, and a prior-year tax benefit in France boosted last year's results. Analysts had projected the company to post a profit. Revenue however, beatStreet expectations on increased sales in motive power and network power channels in both its industrial energy segments, as well as higher aftermarket sales in the transportation business's Europe division.