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Under Armour Shares Jump After Reporting Better-Than-Expected Q2 Results

November 3, 2022

Under Armour shares got a lift on Thursday after the company reported better-than-expected results for the second quarter.

The Baltimore-based brand reported revenues of $1.6 billion, up 2% over last year. Net income was $87 million and adjusted diluted earnings per share was $0.20. Both earnings and revenues exceeded the expectations of analysts surveyed by FactSet. FN