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UPDATE: RadioShack Posts Wider Q3 Loss

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RadioShack (NYSE: RSH) reported a wider third-quarter loss.

RadioShack posted a quarterly loss of $112.4 million, or $1.11 per share, versus a year-earlier loss of $47.1 million, or $0.47 per share.

Its total net sales declined to $805.4 million from $898.0 million. However, analysts were estimating a loss of $0.37 per share on revenue of $893 million.

RadioShack shares fell 6.25% to $3.30 in pre-market trading.

Posted-In: lossEarnings News

 

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