Black Box Corp. Reveals 48% Retreat In Q4 Bottom Line

(RTTNews) - Black Box Corp. (BBOX) revealed a profit for fourth quarter that dropped compared to the same period last year.

The company said its earnings dropped to $1.1 million, or $0.07 per share. This was down from $2.1 million, or $0.14 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.05 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 7.1% to $208.1 million. This was down from $224.1 million last year.

Black Box Corp. earnings at a glance:

-Earnings (Q4): $1.1 Mln. vs. $2.1 Mln. last year. -Earnings Decline (Y-o-Y): -47.6% -EPS (Q4): $0.07 vs. $0.14 last year. -EPS Decline (Y-o-Y): -50.0% -Analysts Estimate: $0.05 -Revenue (Q4): $208.1 Mln vs. $224.1 Mln last year. -Revenue Change (Y-o-Y): -7.1%