Quiksilver Posts Q1 Profit - Quick Facts

(RTTNews) - Quiksilver Inc. (ZQK) Thursday reported first-quarter profit of $15.39 million, compared to a loss of $31.13 million last year.

Net loss from continuing operations improved to $22 million or $0.13 per share from $32 million or $0.19 per share last year.

Pro-forma loss from continuing operations totaled $16 million or $0.10 per share. On average, 11 analysts polled by Thomson Reuters expected the company to report a loss of $0.06 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues dropped 2 percent to $393 million from $412 million last year. Analysts expected revenues of $407.56 million.