Results came in at $.23/share versus an average estimate of $.19/share for the quarter. For the year $.28/share versus an average estimate of $.20/share. I need to dig in to the numbers a little to get the full picture.Here is part of the commentary from the earnings announcement."A year ago we announced a realignment plan to restore profitability, strengthen our infrastructure and generate profitable growth for our company. I am pleased with the progress we have made on achieving these objectives," said Tom Kalinske, Chief Executive Officer. "Our financial results have improved significantly. We have improved our logistics and have grown the top line in our U.S. Consumer segment. We completed the most successful launch of a new product in LeapFrog's history with our FLY pentop computer and our screen-based business more than doubled with the introduction of the Leapster L-Max learning system in our U.S. consumer market, and the continued success of our Leapster handheld. We have created a strong portfolio of fun and engaging educational products in our U.S. Consumer business. While we have more work to do in the future, we are encouraged by this year's results."
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Rat