May 15, 2013 at 10:24 AM EDT
Arctic Cat Shares Decline On Disappointing Revenue
Shares of Arctic Cat (ACAT) moved lower in the stock market today after the maker of all-terrain vehicles and snowmobiles fell short of quarterly revenue views. The Plymouth, Minn.-based company posted a loss of 38 cents a share for the fiscal fourth quarter, which ended in March. That compares with a shortfall of 49 cents the prior year. Analysts polled by Thomson Reuters expected a loss of 40 cents. Arctic Cat typically loses money during the
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