UPDATE: Quiksilver Posts Downbeat FQ4 Profit
December 14, 2012 at 03:25 AM EST
Quiksilver (NYSE: ZQK ) reported a 94% drop in its fiscal fourth-quarter earnings. Quiksilver's quarterly profit fell to $4.4 million, or $0.02 per share, from $67.9 million, or $0.38 per share, in the year-ago period. Excluding special items, it earned $0.07 per share. Its revenue climbed 2.5% to $559