A goodwill impairment set back Cybex by $11.2 million, resulting...

2009-03-23T00:00:00

A goodwill impairment set back Cybex by $11.2 million, resulting in a net loss of $10.9 million for the quarter ended Dec. 31. The charge came as a result of the drop in value of the company’s stock. Net income in the fourth quarter of the previous year had been ...

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