CULP - Culp GAAP EPS of -$0.38 beats by $0.09 revenue of $61.4M beats by $5.88M
2023-06-28 16:28:57 ET
- Culp press release ( NYSE: CULP ): Q4 GAAP EPS of -$0.38 beats by $0.09 .
- Revenue of $61.4M (+7.9% Y/Y) beats by $5.88M .
- The company maintained a solid balance sheet, with total cash of $21.0 million and no outstanding borrowings as of April 30, 2023, up sequentially from total cash of $16.7 million as of the end of the third quarter.
- Loss from operations for the quarter was $(4.0) million, as compared with loss from operations of $(5.4) million for the prior-year period and loss from operations of $(7.8) million for the third quarter of fiscal 2023 (which included $711,000 in restructuring expense).
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Culp GAAP EPS of -$0.38 beats by $0.09, revenue of $61.4M beats by $5.88M