Black Box Corp. Bottom Line Retreats 35% In Q3

(RTTNews) - Black Box Corp. (BBOX) announced earnings for third quarter that retreated compared to the same period last year.

The company said its earnings totaled $3.7 million, or $0.24 per share. This was down from $5.7 million, or $0.37 per share, in last year's third quarter.

Analysts had expected the company to earn $0.30 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 5.4% to $210.4 million. This was down from $222.5 million last year.

Black Box Corp. earnings at a glance:

-Earnings (Q3): $3.7 Mln. vs. $5.7 Mln. last year. -Earnings Decline (Y-o-Y): -35.1% -EPS (Q3): $0.24 vs. $0.37 last year. -EPS Decline (Y-o-Y): -35.1% -Analysts Estimate: $0.30 -Revenue (Q3): $210.4 Mln vs. $222.5 Mln last year. -Revenue Change (Y-o-Y): -5.4%