Market Overview

UPDATE: RadioShack Posts Q3 Loss

Related RSH
Zamansky LLC Investigates RadioShack Over Its Employee 401(k) Plan
RadioShack a Penny Stock Now, Recovery Jeopardized - Analyst Blog
RadioShack Posts Bigger Loss as Sales Lag (Fox Business)

RadioShack (NYSE: RSH) swung to a loss in the third quarter.

RadioShack posted a quarterly loss of $47 million, or $0.47 per share, versus a year-ago profit of $0.3 million. Excluding one-time items, RadioShack lost $33 million, or $0.33 per share.

Its sales fell to $1.00 billion from $1.03 billion. However, analysts were expecting a loss of $0.18 per share on sales of $1.04 billion.

RadioShack shares closed at $2.39 yesterday.

Posted-In: lossEarnings News


Most Popular

Related Articles (RSH)

Around the Web, We're Loving...

Partner Network

Get Benzinga's News Delivered Free