After Q2 Revenue Miss Despite ‘Super Mario’ Bonanza, Beleaguered Redbox Parent Company Weighing Strategic Options, CEO Says; Shares Plunge After Hours

  • 📰 DEADLINE
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

After Q2 Revenue Miss, CEO Of Beleaguered Redbox Parent Says Company Is Ramping Up Cost-Cutting Moves And Weighing Strategic Options; Shares Drop After Hours

closed about a year ago, delivered second-quarter financial results reflecting the company’s struggle to fully digest the deal.

Citing a host of industry headwinds that have intensified since the transaction was completed, the company reported total revenue of $79.9 million in the quarter ending June 30. While that was more than twice the year-earlier figure of $37.6 million thanks to the addition of and its thousands of movie-rental kiosks, it fell well short of Wall Street analysts’ consensus expectation for $120.1 million.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 109. in RU

Россия Последние новости, Россия Последние новости