MOV

Movado Group Reveals Climb In Q3 Profit

(RTTNews) - Movado Group (MOV) released earnings for its third quarter that Increases, from the same period last year

The company's bottom line totaled $9.583 million, or $0.42 per share. This compares with $4.827 million, or $0.21 per share, last year.

Excluding items, Movado Group reported adjusted earnings of $10.239 million or $0.45 per share for the period.

The company's revenue for the period rose 3.1% to $186.132 million from $180.524 million last year.

Movado Group earnings at a glance (GAAP) :

-Earnings: $9.583 Mln. vs. $4.827 Mln. last year. -EPS: $0.42 vs. $0.21 last year. -Revenue: $186.132 Mln vs. $180.524 Mln last year.

The company will pay a cash dividend of $0.35 per share on December 22, for shareholders of record as of December 8.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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