Under Armour Inc. Reports 57% Decline In Q2 Earnings

(RTTNews) - Under Armour Inc. (UA) revealed earnings for second quarter that lost ground from last year.

The company said its earnings dropped to $6.34 million, or $0.01 per share. This was down from $14.77 million, or $0.03 per share, in last year's second quarter.

The company said revenue for the quarter rose 28.2% to $1.00 billion. This was up from $0.78 billion last year.

Under Armour Inc. earnings at a glance:

-Earnings (Q2): $6.34 Mln. vs. $14.77 Mln. last year. -Earnings Decline (Y-o-Y): -57.1% -EPS (Q2): $0.01 vs. $0.03 last year. -EPS Decline (Y-o-Y): -66.7% -Revenue (Q2): $1.00 Bln vs. $0.78 Bln last year. -Revenue Change (Y-o-Y): 28.2%

-Guidance: Full year revenue guidance: $4.925 Bln