Under Armour Inc. on Tuesday reported a loss of $43.4 million in its fiscal fourth quarter.

On a per-share basis, the Baltimore-based company said it had a loss of 10 cents. Losses, adjusted for one-time gains and costs, were 3 cents per share.

The results met Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was also for a loss of 3 cents per share.

The sports apparel company posted revenue of $1.17 billion in the period, also matching Street forecasts.

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For the year, the company reported a loss of $495.6 million, or $1.16 per share. Revenue was reported as $4.97 billion.

Under Armour expects full-year earnings in the range of 8 cents to 12 cents per share.

The Banner reported in February that it’s been a period of turbulence for the Baltimore-based sportswear company. Under Armour paid a huge settlement to shareholders in 2024, relocated to a new headquarters on the Baltimore Peninsula, shuffled its leadership team, battled tariffs, and, in November, lost its most prominent sponsored athlete, basketball star Steph Curry.

Following Tuesday’s earnings call, Under Armour’s stock value dropped about 20%.

Banner staff contributed to this report