Black Diamond reports sales of $39.1 million for the first quarter of this year, up by 18 percent from a year ago on a pro-forma basis, including the sales of Gregory Mountain Products prior to its acquisition. Black Diamond alone scored a 36.3 percent increase to $28.7 million, with gains of 31.1 percent in the U.S. to $12.1 million and 40 percent elsewhere to $16.6 million. The group posted net income of $1.2 million in the quarter, compared with a loss of $1.0 million in the year-ago period (more in The Outdoor Industry Compass).

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