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StubHub Sees 32% Revenue Growth For Q3, But Warns Of Lower Numbers In Q4Published in SportsBusiness Daily on 10 / 20 / 16
StubHub during its Q3 that ended Sept. 30 generated $263M in revenue, up 32% from the comparable period last year, and $1.1B in gross sales, up 23%, according to earnings released late yesterday by corporate parent eBay. Baseball was credited for the growth at the ticket resale marketplace, along wi...
MSG could lose up to $15M if the Knicks "don''t survive" their first-round playoff series against the Heat, according to Philip Lentz of CRAIN''S N.Y. BUSINESS. However, Lentz added, "For almost any o
The North Face said that "it overstated" its ''98 earnings "to a much greater extent than it had previously estimated" and has restated ''98 earnings to $3.6M, or $.29 per share, down from $9.5M, or $
Austria-based Head Tyrolia Mares has acquired Penn Racquet Sports and its AZ-based tennis ball manufacturing plant from OH-based manufacturing company GenCorp, according to Peter Corbett of the ARIZON
FL-based Int''l Speedway Corp. (ISC) is "buying" 12.2 million outstanding shares of MI-based Penske Motorsports Inc. (PMI) for $50 per share in stock and cash, according to Bill Koenig of the INDIANAP
Winnipeg-based investment advisory firm Assante Corp. "is close to a deal to buy" sports law firm Steinberg & Moorad, according to sources of the SPORTSBUSINESS JOURNAL''s Josh Gotthelf. Partner Jeff
The Boston Celtics Limited Partnership (BCLP), the parent company of the Celtics, reported a net loss of $9.3M during a nine-month period ended March 31, 1999, according to an AP report. While the par
PA-based Global Sports announced the formation of Global Sports Interactive (GSI), which has signed long-term e-commerce outsourcing deals with The Athlete''s Foot, Sports & Recreation, MC Sports, Spo
Churchill Downs Inc. agreed to purchase Hollywood Park racetrack and casino in CA yesterday for $140M, making the 61-year-old track the "western outpost in the Kentucky Derby host''s growing empire,"
Fila Holdings SpA reported a net loss of $8.7M, or $.32 per share, in the first quarter ending March 31, compared with a net loss of $8.7M, or $.33 per share, in the same quarter a year ago, according
News Corp. reported that fiscal third quarter net income fell 64%, but "managed to slightly exceed" expectations, according to John Lippman of the WALL STREET JOURNAL. An area that "hurt" News Corp. e