Blackhawk Network Holdings, Inc. Earnings Drop 14% In Q2

(RTTNews) - Blackhawk Network Holdings, Inc. (HAWK) announced a profit for second quarter that dropped compared to the same period last year.

The company said its bottom line fell to $21.0 million, or $0.37 per share. This was lower than $24.3 million, or $0.43 per share, in last year's second quarter.

The company said revenue for the quarter rose 9.9% to $183.7 million. This was up from $167.2 million last year.

Blackhawk Network Holdings, Inc. earnings at a glance:

-Earnings (Q2): $21.0 Mln. vs. $24.3 Mln. last year. -Earnings Decline (Y-o-Y): -13.6% -EPS (Q2): $0.37 vs. $0.43 last year. -EPS Decline (Y-o-Y): -14.0% -Revenue (Q2): $183.7 Mln vs. $167.2 Mln last year. -Revenue Change (Y-o-Y): 9.9%

-Guidance: Full year EPS guidance: $2.47 - $2.66