Crocs reports profitable Q4 - Denver Business Journal
"Crocs Inc. earned $4.1 million, or 12 cents per diluted share, on revenue of $33.6 million in the fourth quarter of 2005, the company reported Thursday.
That compared with a loss of $1 million, or minus 4 cents per share, on revenue of $5.4 million in the same quarter a year earlier.
Crocs Inc. (NASDAQ: CROX) is a Niwot-based footwear maker that went public with much fanfare on Feb. 13. The company priced its shares at $21 and received approximately $97 million from the IPO.
For the full year 2005, Crocs earned $16.7 million, or 51 cents per share, on revenue of $108.6 million. That compared with a net loss of $1.6 million, or minus 7 cents per share, on revenue of $13.5 million in 2004.
Crocs reported earnings after the market close Thursday. The stock closed down 30 cents, or 1.12 percent, at $26.60. Since its debut, CROX has traded as high as $32.50."
Read the entire article, Crocs reports profitable Q4, published in the Denver Business Journal at (http://www.bizjournals.com/denver/stories/2006/02/27/daily65.html)
