Skullcandy makes acquisition, updates 2010 results

Skullcandy acquires another headphone company and provides 2010 full year results in a new filing with the SEC.
Published: May 13, 2013

Skullcandy has acquired a gaming headphone company called Astro Gaming for $10.8 million and also updated its full results for 2010 in a new filing with the SEC.

 

Skullcandy is in the process of taking the company public.

 

2010 results 

Revenue: up 36% to $160.6 million

 

Net loss: $9.7 million vs. net income of $3.5 million in 2009

 

EBITDA: down 87% to $4 million

 

Adjusted EBITDA (excluding one time charges of $17.5 million): up 26% to $39 million.

 

 

 

 

 

 

 

 

 

Strategy & Planning Series
Strategy & Planning Series
Strategy & Planning Series
Strategy & Planning Series