By  on September 5, 2008

QUIKSILVER INC. SAID THURS-day that the company swung to a third-quarter profit from a year-ago loss.

For the three months ended July 31, income was $2.9 million, or 2 cents a diluted share, versus a loss of $7.9 million, or 6 cents, in the year-ago quarter. Income from continuing operations dropped 7.4 percent to $33.1 million, or 25 cents a diluted share, from $35.7 million, or 38 cents. Without a 3 cent tax benefit, earnings from continuing operations for the most recent quarter were 22 cents a share.

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