Black Diamond Earnings: Everything You Must Know Now

Black Diamond, Inc. (NASDAQ:BDE) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.

Black Diamond, Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 68.75% to $0.05 in the quarter versus EPS of $0.16 in the year-earlier quarter.

Revenue: Rose 34.29% to $48.8 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Black Diamond, Inc. reported adjusted EPS income of $0.05 per share. By that measure, the company beat the mean analyst estimate of $-0.03. It beat the average revenue estimate of $48.69 million.

Quoting Management: “2012 was a transformational year for Black Diamond, filled with a number of significant achievements,” said Peter Metcalf, president and CEO of Black Diamond. “Not only did we achieve record revenue and continue to grow organically, but we executed against our strategic objectives. This includes the introduction of our fall 2013 apparel line to the trade and the establishment of our own ski manufacturing operation. We also agreed to acquire the Japanese distribution assets of Gregory, established our own distribution in Japan, and entered one new primary product category and six new product niches with the acquisitions of POC and PIEPS.”

Key Stats (on next page)…