ZAGG FALLS 13% AFTER EARNINGS $ZAGG
This post was just published on ZYX Short Change Alert.
The ZAGG position is short from $13.85 and 30% of the full core position size is being held. Profits have previously been taken as low as $4.00.
ZAGG reports Q3 adjusted EPS 19c, consensus 9c; Q3 revenue $49.9M, consensus $52.04M. ZAGG also reports Q3 Adjusted EBITDA of $10.2M
ZAGG lowers FY13 revenue view to $212M-$218M from $245M-$252M FY13 consensus $241.91M. The company is also revising full year Adjusted EBITDA guidance to $37.5M-$39.5M from the previous range of $41M-$42.2M.
ZAGG has fallen 13% after earnings and is trading at $4.05 as of this writing.… Please click here or the title below to read more.
November 6, 2013