Revenue from motorcycles and related products fell to $933 million from $1.01 billion.
Harley-Davidson Inc said motorcycle shipments for 2016 fell short of its estimates and the company forecast shipments for this year to be flat to down modestly.
The motorcycle maker's net income rose to $47.18 million, or 27 cents per share, in the fourth quarter ended December 31, from $42.2 million, or 22 cents per share, a year earlier.Also read: Review: Harley-Davidson Street 750 Is Your Ticket to Be Cool
Revenue from motorcycles and related products fell to $933 million from $1.01 billion.Also read: Harley-Davidson Opens Second Dealership in New DelhiAlso read: Harley Davidson Launches First Merchandise Only Showroom at Mumbai Airport
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