SBD/1/Sponsorships Advertising Marketing
OGDEN'S FIRST QUARTER EARNINGS DECLINE
Published May 1, 1995
Ogden Corp. reported net income for the three months ended March 31 of $12.3M, down from $13.8M for the same period in '94. Ogden President & CEO Richard Ablon cited the "late start" of the baseball and hockey seasons as one reason. With both sports now playing, Ogden said they expect earnings to show "significant improvement in the third and fourth quarters of this year" (Ogden).