DULUTH, Ga. (AP) 鈥� DULUTH, Ga. (AP) 鈥� Fox Factory Holding Corp. (FOXF) on Thursday reported second-quarter profit of $4.1 million.
On a per-share basis, the Duluth, Georgia-based company said it had profit of 10 cents. Earnings, adjusted for amortization costs and non-recurring costs, came to 37 cents per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 16 cents per share.
The vehicle suspension maker posted revenue of $358.1 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $353.1 million.
For the current quarter ending in September, Fox Factory Holding said it expects revenue in the range of $355 million to $380 million.
The company expects full-year revenue in the range of $1.42 billion to $1.47 billion.
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