Quiksilver Q2 Loss Narrows - Quick Facts

(RTTNews) - Outdoor sports apparel and footwear maker Quiksilver Inc (ZQK) on Tuesday reported second-quarter net loss attributable to the company of $37.6 million, narrower than $53.1 million in the comparable quarter last year.

The company posted loss from continuing operations of $37.6 million, narrower than $37.9 million in the prior year. Loss per share were $0.22, same as last year.

Revenues for the quarter were lower at $333.05 million, compared with $396.94 million in the prior year.

Analysts polled by Thomson Reuters estimated a loss of $0.14 per share on revenues of $341.24 million for the quarter. Analysts' estimates typically exclude special items.

Based on management's current assessment of the business, the company is removing its previously stated financial guidance for the fiscal year 2015. The company may choose to reinstate the policy of providing forward guidance in the future, but will not be providing an outlook for fiscal 2015 at this time.