WASHINGTON (dpa-AFX) - Quiksilver Inc. (ZQK) reported first-quarter net loss attributable to the company of $22.6 million or $0.14 per share, wider than $16.3 million or $0.10 per share in the same quarter last year.
Pro-forma loss for the quarter widened to $20.7 million or $0.13 per share from $7.7 million or $0.05 per share in the comparable quarter last year. On average, 10 analysts polled by Thomson Reuters expected the company to report a loss of $0.10 per share for the quarter. Analysts' estimate typically excludes one-time items.
Revenues for the quarter grew 5 percent to $449.62 million from $426.45 million in the previous year quarter, while ten analysts estimated revenues of $437.39 million for the quarter.
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