RE:Estevan8 Predictions Bang On For Past 6 MonthsLiar, Liar pants on fire. How did revenue drop 15% as you say
Here is the report:
REVENUES Consolidated revenues for the third quarter of fiscal 2018 of $441.4 million decreased 4% compared to $461.6 million in the prior year. On a consolidated basis, merchandising, distribution and other revenues decreased 18%, advertising revenues decreased 4%, while subscriber revenues decreased 1%. Revenues decreased in Television by 5% and Radio by 2% in the third quarter compared to the prior year. For the nine months ended May 31, 2018, consolidated revenues of $1,268.3 million decreased 2% from $1,297.8 million in the prior year. On a consolidated basis, advertising revenues decreased 3%, merchandising, distribution and other revenues decreased by 1%, while subscriber revenues were flat. Revenues decreased by 2% in Television and were flat in Radio on a year-to-date basis compared to the prior year. Further analysis of revenues is provided in the discussion of segmented results.