UAA - Under Armour Non-GAAP EPS of $0.14 beats by $0.07 revenue of $1.53B beats by $60M

Under Armour press release (NYSE:UAA): Q4 Non-GAAP EPS of $0.14 beats by $0.07. Revenue of $1.53B (+9.3% Y/Y) beats by $60M. Shares +5% PM. Outlook For Transition Quarter Ending March 31, 2022: Revenue is expected to increase at a mid-single-digit rate compared to the previous expectation of a low single-digit rate increase; Gross margin is expected to be down 200 basis points compared to the prior year period's adjusted gross margin; Operating income is expected to reach approximately $30M to $35M; Diluted earnings per share are expected to be $0.02 to $0.03.

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Under Armour Non-GAAP EPS of $0.14 beats by $0.07, revenue of $1.53B beats by $60M