Outdoor Channel Holdings Inc. (OUTD), the entertainment and media company to be acquired by Kroenke Sports & Entertainment, Monday reported a lower profit for the fourth quarter, hurt mainly by higher expenses. Revenues for the three-month period increased.
Fourth-quarter net income dropped to $1.3 million or $0.05 per share from $1.5 million or $0.06 per share last year.
Revenues for the quarter grew 8 percent to $25.4 million from $23.6 million last year, driven primarily by growth in revenues at Aerial Cameras unit and combined advertising and subscriber revenues.
Total other expenses increased to $12.5 million from $8.5 million.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.