Article: K-Swiss Reports Third Quarter Results.(Financial report)

KoSwiss Inc. (NASDAQ: KSWS) announced results for the third quarter ended September 30, 2009. The sale of Royal Elastics on April 30, 2009, is accounted for as a discontinued operation in the Company's financial results and is excluded from futures orders data for the current and prior-year periods. Financial Highlights Net loss for the third quarter of 2009 was $2,884,000, or $0.08 per diluted share, compared with net earnings of $1,066,000 or $0.03 per diluted share, in the prior-year period. Net loss for the nine months ended September 30, 2009, was $15,474,000, or $0.44 per diluted share, compared with net earnings of $34,599,000, or $0.98 per diluted share, in the ...

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