Mizuno Reduces Q3 Loss; Maintains FY Outlook
The implied net loss was ¥102 million ($1.33 mm) versus a loss of ¥214 million for the three months ended Dec. 31. Implied third quarter revenues were ¥36,837 million ($478.7 million, up 5% from a year ago’s ¥34,986 million. Through the first nine months of the FY, the Japanese company has posted a 49% increase in net income to ¥2,332 million ($30.3 mm) on 3.2% topline growth to ¥114,888 million ($1.49 bb). In the Americas, ... Log in to view full article.