Under Armour Inc. shares rose 2.8% in Tuesday premarket trading after the athletic company reported first-quarter earnings and revenue that beat expectations. Under Armour had a net loss of $30.2 million, or 7 cents per share, after a loss of $2.3 million, or 1 cent per share, for the same period last year. EPS was breakeven on an adjusted basis. Revenue totaled $1.19 billion, up from $1.12 billion last year. The FactSet consensus was for a 5-cent loss and revenue of $1.12 billion. Restructuring and impairment charges for the quarter were $37 million. The company announced a 2018 restructuring plan on February 13. Under Armour maintained its guidance for full-year revenue up at a low single-digit rate, reflecting a mid-single-digit decline in North America and more than 25% growth internationally. Under Armour shares are up 23.1% for 2018 so far while the S&P 500 index is down 1% for the period.