Boulder Brands shares slide after 4Q earnings report
BOULDER – Shares of natural-foods company Boulder Brands Inc. (Nasdaq: BDBD) sank nearly 10 percent Thursday following a fourth-quarter earnings report that fell short of analyst expectations.
The Boulder-based company’s fourth-quarter net income was $1.8 million, or 3 cents per share, down from $4.9 million, or 8 cents per share for the same period a year earlier.
Revenue, meanwhile, rose slightly to $128.6 million for the period ending Dec. 31, still nearly $6 million shy of expectations. The company’s shares were trading at $10.34 Thursday afternoon, down $1.14 from the previous day’s close.
Boulder Brands owns a variety of natural…
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