Shares of Outdoor Channel
Holdings Spike 12% on Strong Q3 Results.......
Shares of Outdoor Channel Holdings, Inc (OUTD) climbed as high as
$8.18 in Friday's intraday after the Company posted strong Q3 results
before the market opened today. In Friday's pre-market release, the
Company reported Q3 revenues of $12.66M.-- up almost 12% from last
year's Q3 of $11.31M -- and EPS of 6c, which easily bested last year's
Q3 net loss of (20c). OUTD's Q3 EPS of 6c also beat Q3 EPS consensus
estimate of 3c. Currently, shares of OUTD are up 88c, or more
than 12% from yesterday's close of $7.17 on close to 3x normal trading
volume.