Bang & Olufsen Posts Q3 Net Profit

Denmark company Bang & Olufsen A/S posted a net profit in the fiscal third quarter and maintained its outlook for the full year. The company posted a quarterly net profit of DKK17.3 million, versus a year-ago loss of DKK31.9 million. Its sales climbed to DKK800 million from DKK674.5 million. The company's gross margin shrank to 39.9 percent from 42.7 percent.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: EarningsNewsprofit
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!