Premier Exhibitions (PRXI) Reports Q2 Loss of $0.63/Share
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Premier Exhibitions Reports Second Quarter Fiscal 2016 Results
October 14, 2015 7:00 AM EDTATLANTA, Oct. 14, 2015 (GLOBE NEWSWIRE) -- Premier Exhibitions, Inc. (NASDAQ: PRXI), a leading presenter of museum-quality touring exhibitions around the world, today announced financial results for the second quarter of fiscal 2016 ended August 31, 2015.
Comparing the second fiscal quarter 2016 with the prior year's second fiscal quarter:
Total revenue decreased 18.8% to $6.7 million compared to $8.3 million in the second quarter of fiscal 2015. Gross profit decreased to $1.1 million from $3.0 million in last year's second fiscal quarter while gross margins fell to 16.1% from 36.5% in the prior year period. The decrease in... MorePremier Exhibitions Reports Second Quarter Fiscal 2016 Results
October 14, 2015 7:00 AM EDTATLANTA, Oct. 14, 2015 (GLOBE NEWSWIRE) -- Premier Exhibitions, Inc. (NASDAQ: PRXI), a leading presenter of museum-quality touring exhibitions around the world, today announced financial results for the second quarter of fiscal 2016 ended August 31, 2015.
Comparing the second fiscal quarter 2016 with the prior year's second fiscal quarter:
Total revenue decreased 18.8% to $6.7 million compared to $8.3 million in the second quarter of fiscal 2015. Gross profit decreased to $1.1 million from $3.0 million in last year's second fiscal quarter while gross margins fell to 16.1% from 36.5% in the prior year period. The decrease in... More