ZAGG Inc (NASDAQ:ZAGG) is expected to report second quarter earnings results, after market close, on Tuesday 4th August 2020.
Analysts polled by Thomson Reuters anticipate second quarter loss of $ 0.37 per share.
Looking ahead, the full year loss are expected at $ 2.71 per share on the revenues of $ 378.21 million.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 0.50 ~ $ 0.50 per share
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Previous Quarter Performance
ZAGG Inc disclosed loss for the first quarter of $ 0.26 per share, from the revenue of $ 90.98 million. The quarterly earnings up 7.32 percent compared with the same quarter last year. Wall street analysts are predicting, ZAGG to report 1Q20 loss of $ 0.32 per share from revenue of $ 92.65 million. The bottom line results beat street analysts by $ 0.06 or 18.75 percent, at the same time, top line results fell short of analysts by $ 1.67 million or 1.8 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of ZAGG was $ 2.95, representing a 43.20 % increase from the 52 week low of $ 2.06 and a 67.26 % decrease over the 52 week high of $ 9.01.
The company has a market capital of $ 87.95 million and is part of the Consumer Cyclical sector and Specialty Retail industry.
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Conference Call
ZAGG Inc will be hosting a conference call at 5:00 PM eastern time on 4th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.zagg.com
ZAGG Inc, together with its subsidiaries, designs, manufactures, and distributes mobile tech accessories for smartphones and tablets in the United States, Europe, and internationally. The company offers screen protection products; protective cases to protect device-specific mobile devices and tablets; power management products for tablets, smartphones, smartwatches, cameras, and other electronic mobile devices; power stations, wireless chargers, car and wall chargers, portable power products, and power wallets; earbuds, headphones, and speakers; and device specific keyboards and device agnostic keyboards under the ZAGG, InvisibleShield, mophie, IFROGZ, BRAVEN, Gear4, and HALO brands. It sells its products through indirect channels, including big box retailers, wireless retailers, domestic and international distributors, independent Apple retailers, university bookstores, and small independently owned consumer electronics stores, as well as directly to retailers or through distributors; and directly to consumers on its Websites at www.ZAGG.com, www.mophie.com, www.Gear4.com, and www.HALO.com.
