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Crocs, Inc. Reports Blue ribbon Quarter 2014 Financial Results - Wall Street Journal

On a continual currency basis, revenue increased 1. 5% in the first quarter of 2014. -- The company reported net income of $0. 06 per diluted average share on a GAAP basis in the first quarter of 2014. Excluding certain charges, the company reported... -- GAAP takings increased 0. 2% in the first quarter of 2014 to $312. 4 million, which is in-line with previously provided guidance of $305 million to $315 million. (Nasdaq:CROX) today reported pecuniary results for the first quarter ended March 31, 2014. First Quarter Financial Highlights:. As outlined in the non-GAAP reconciliations set forth later in this newswomen release, the company recorded $8. 1 million in non-GAAP charges (of which $1. 1 million were non-cash charges). First billet operating results. Financial Review. From a segment perspective, our Asia segment continued to deliver solid quarterly revenue tumour across all channels and our Europe segment remained on the positive trajectory, which started late last year. In the first direction of 2014, the company reported GAAP operating income of $16. 8 million versus $37. 7 million in the comparable locale in the prior year. The company had GAAP net income attributable to common shareholders of $6. 4 million versus net income of $29. 0 million in the comparable area in the prior year. , April 30, 2014 (GLOBE NEWSWIRE) -- Crocs, Inc. We saw continued momentum in our non-clog portfolio during the board, as new collections like our Stretch Sole, with its patent-pending Fit2U Technology(TM) , and our Busy Day collection helped us further expand our marque into a casual footwear... -- Non-GAAP operating income of $25. 0 million versus $39. 5 million in the. Reports Essential Quarter 2014 Financial Results. Excluding these items the company reported:. The company also recorded $2. 8 million of dividends and dividend equivalents on the preferred review that was issued in the first quarter of 2014. Undistributed earnings related to preferred stock reduced net income for common shareholders by 13....

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