Zagg: Q3 Earnings Insights

Shares of Zagg ZAGG moved higher by 2.06% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share decreased 50.00% over the past year to $0.21, which beat the estimate of $0.03.

Revenue of $115,456,000 declined by 21.18% year over year, which beat the estimate of $98,330,000.

Outlook

Zagg hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Nov 09, 2020

Time: 05:00 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/aax3az7u

Price Action

Company's 52-week high was at $9.01

Company's 52-week low was at $2.06

Price action over last quarter: down 6.18%

Company Overview

Zagg Inc is a manufacturer of smartphone and other mobile accessories. The company's product portfolio includes screen protection, power management solutions, mobile keyboards, personal audio, and cell phone cases sold under the InvisibleShield, mophie, ZAGG, IFROGZ, Gear4, and HALO brands. The largest product by revenue is its screen protectors followed by power management to make the vast majority of revenue. ZAGG Brands has operations in the United States, Ireland, the U.K., and China.