RLJ Entertainment (RLJE) Reports Q1 Loss of $1.14/Share
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RLJ Entertainment Reports Financial Results for the Quarter Ended March 31, 2016
May 16, 2016 4:15 PM EDTSILVER SPRING, Md., May 16, 2016 /PRNewswire/ --Â RLJ Entertainment Inc., ("RLJ Entertainment," "RLJE" or "the Company") (NASDAQ: RLJE), today announced financial results for the quarter ended March 31, 2016.Â
Highlights
Highlights and significant events for the three months ended March 31, 2016, and 2015 are as follows:
The Acorn TV paid subscriber base increased 100% from 130,000 as of March 31, 2015, to over 260,000 as of March 31, 2016. As of April 30, 2016, its paid subscriber base was... More