Disney: Cable Network Unit Growth To Continue WME Plans To Cut $151M Out Of IMG WME Plans To Cut $151M In Costs Out Of IMG Nike's Q4, FY '15 Forecasts Below Expectations Analyst: Phil Jackson Hire Good News For MSG Stock Moody's Gives WME IMG B2 Credit Rating CDI Net Income Drops 5% In '13 Bauer Purchases Easton-Bell Baseball/Softball Learfield Sports Acquires Nelligan Sports ISC Q4 Revenue Flat With '12
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Published March 18, 1998
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).