Volcom Whacked By $16.2 Million Impairment

2009-02-27T00:00:00

Despite a modest 0.7 percent uptick in revenues to $69.6 million, Volcom suffered a net loss of $8.7 million for the final quarter ended Dec. 31 after taking a $14.8 million charge on its acquisition a year ago of Electric and another $1.4 million for the purchase of Laguna Surf ...

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