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Benzinga

Business

Adam Eckert

Why Traeger Shares Are Getting Burned After Hours

Traeger Inc (NYSE:COOK) shares are trading lower in Wednesday's after-hours session after the company reported earnings results.

Traeger said fourth-quarter revenue increased 30.8% year-over-year to $174.9 million, which beat the $157.19 million estimate. The company reported quarterly adjusted earnings of 3 cents per share, but net loss came in at 29 cents per share, which was worse than a net loss of 3 cents per share year-over-year.

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One subscription that gives you access to news from hundreds of sites

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France protests live: Hundreds arrested as protesters storm city hall and set fire to tourist office

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