Under Armour reported a narrowed fourth-quarter net loss of $43.4 million, improved from a $67.5 million loss a year ago. Loss per share improved to $0.10 from $0.16, and adjusted net loss narrowed to $11.17 million from $34.70 million. The results indicate modest improvement in profitability, though the release does not include revenue or guidance details.
Under Armour reported a narrowed fourth-quarter net loss of $43.4 million, improved from a $67.5 million loss a year ago. Loss per share improved to $0.10 from $0.16, and adjusted net loss narrowed to $11.17 million from $34.70 million. The results indicate modest improvement in profitability, though the release does not include revenue or guidance details.
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mildly positive
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