By  on December 13, 2012

Quiksilver Inc.’s fourth quarter fell short of expectations, pushing shares of the company down 16.5 percent to $3.40 in afterhours trading today.

Fourth-quarter profits attributable to the firm fell to $4.4 million, or 2 cents a diluted share, from $67.9 million, or 38 cents, a year earlier.

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