Mattel Inc. Q3 Profit Falls 33%

(RTTNews) - Mattel Inc. (MAT) released earnings for third quarter that dropped from last year.

The company said its bottom line totaled $223.8 million, or $0.66 per share. This was down from $331.8 million, or $0.97 per share, in last year's third quarter.

The company said revenue for the quarter fell 11.4% to $1.79 billion. This was down from $2.02 billion last year.

Mattel Inc. earnings at a glance:

-Earnings (Q3): $223.8 Mln. vs. $331.8 Mln. last year. -Earnings Decline (Y-o-Y): -32.5% -EPS (Q3): $0.66 vs. $0.97 last year. -EPS Decline (Y-o-Y): -32.0% -Revenue (Q3): $1.79 Bln vs. $2.02 Bln last year. -Revenue Change (Y-o-Y): -11.4%