Kentucky-Arkansas Hoops Set For CBS MLS Set For Three Days Of CBA Talks NFL Hires Chief Republican Lobbyist Hisense To Invest More In NASCAR Earthquakes To Debut New Stadium MLBAM Launches MLB At Bat Update Classified Advertisements Ovechkin Signs With Fanatics Authentic Weekend Plans With NBC's Jim Bell Fresno State Gets Fresh Start With Bartko
The Marquee Group announced financial results for the year ended December 31, 1997, its first complete year as a public company. For the year, revenues were $21.3M versus $2.9M for the previous year. Earnings before interest, taxes, depreciation and amortization and non-recurring charges were $0.5M compared to a loss of $1.9M in '96. For '97, the company posted a slight operating loss of $23,000 compared to a loss of $2M the previous year. The net loss for the year was $1.3M with a net loss per share of $0.15. This compares with the previous year's net loss of $2.4M and net loss per common share of $1.03 (Marquee Group)....In CO, Erika Gonzalez reported that retailers nationally posted $1.68B in sales of snow sports equipment from August '97 to January '97, a 3.7% drop from the same period last year, according to SnowSports Industries America. The group cited El Nino-related weather problems across the country as the reason for the decline (ROCKY MOUNTAIN NEWS, 3/17).