By  on February 12, 2019

Shares in Under Armour Inc. rose more than 5 percent in pre-market trading after the Baltimore-based ath-leisure brand’s fourth-quarter earnings beat Wall Street forecasts.

Net income totaled $4 million, or 1 cent per share, and compared with year-ago losses of $87.9 million, or 20 cents. Adjusted net income was $42 million, or 9 cents per share, surpassing analysts’ expectation for 4 cents per share.

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