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Article: Arctic Cat Reports Fiscal 2010 First Quarter Results.(Financial report)
- Article from:
- Journal of Transportation
- Article date:
- August 15, 2009
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Arctic Cat Inc. (Nasdaq:ACAT) reported a net loss of $5.9 million, or $0.33 per diluted share, on net sales of $69.4 million for the first quarter ended June 30, 2009. Arctic Cat reported a net loss in the fiscal 2009 first quarter of $7.0 million, or $0.39 per diluted share, on net sales of $93.9 million.
Commenting on the first quarter results, Arctic Cat's chairman and chief executive officer Christopher A. Twomey said: "Economic conditions remained difficult during the quarter and continued to affect the recreational products market overall. Given the current recessionary environment, we are pleased with the ...