Net income jumped 27% in the fiscal third quarter ended Dec. 31 to ¥4,512 million ($29.6 mm) from ¥3,540 million, on 4% higher revenues of ¥55,751 million ($365.8 mm) up from ¥53,540 million.

Red ink gushed at the action camera maker as final quarter net loss expanded to $37,191,000 from a loss of $2,418,000 a year ago, on 32% lower revenues of $200,882,000 down from $295,420,000.

Newell’s Outdoor & Recreation segment, which includes Coleman, Contigo, Campingaz, Marmot, and other brands, saw revenues decline 8% to $152 million in the final quarter, compared to $165 million last year.

The bottom line swung to a loss of SEK 37 million ($3.4 mm) in the fourth quarter, hit by costs related to the acquisition of Quad Lock, against a profit of SEK 24 million as revenues ticked up 7% to SEK 1.678 million ($155.7 mm) from SEK 1,566 million.

After an extensive search to find a successor for retiring chief Walt Glazer, Escalade has chosen Gibson chief commercial officer Armin Boehm as its new CEO and President.

The resort operator saw S&P Global lower its unsecured notes rating to BB- from BB, after MTN amended its credit agreement to add $450 million of delayed draw term loans and increase its revolver capacity to $600 million from $500 million.