Earnings After the Bell: Nutrisystem, Leapfrog Tuesday, November 2, 1:36 PM ET
Weight-loss company Nutrisystem (NASDAQ:
NTRI) beat analyst expectations after the closing bell yesterday with its third quarter earnings report.
Nutrisystem said net income totaled $9.2 million, or $0.32 per share, compared to $8.5 million, or $0.27 per share, in the same quarter last year.
Revenue dipped 4%, to $121.2 million.
Nutrisystem also hiked its full-year earnings outlook, to earnings of $1.12 to $1.16 per share, compared to a prior forecast of $1.07 to $1.12 per share.
Also late yesterday, educational toy producer Leapfrog (
LF) also beat Wall Street expectations with its third quarter earnings announcement.
Leapfrog said Q3 profits totaled $15.8 million, or $0.24 per share, compared to $7.2 million, or $0.11 per share, in the same quarter last year.
Sales grew 23%, to $138 million.
Leapfrog affirmed its full year forecast for sales growth of 15%-20%, and said the company as good momentum headed into the holiday season.
For MarketNewsVideo.com, Iím Sayoko Murase.
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Earnings After the Bell: Nutrisystem, Leapfrog
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