Radioshack Getting Taken To The Wood Shed (RSH)

Shares of Radioshack Corporation

are getting hit hard this morning, after the electronics retailer reported earnings that were mixed. Radioshack reported net income rose to $46 million, or 37 cents per share for this quarter. This was better than the 35 cents analysts' had been expecting, and up from the 30 cents it reported last year. Revenue was higher by 2% year-over-year to $1.05 billion, higher than the $1.04 billion analysts expected. Despite this, shares are falling around 4% to $21.86, a loss of 94 cents.