logo
  

Premier Exhibitions Q4 Loss Narrows

Premier Exhibitions Inc. (PRXI) Wednesday said its loss for the fourth quarter narrowed from last year, due mainly to lower operating expenses.

The Atlanta, Georgia-based company reported a fourth-quarter net loss attributable to shareholders of $2.90 million or $0.06 per share, compared to $5.13 million or $0.11 per share last year.

Total revenues for the quarter dropped to $7.54 million from $9.76 million in the prior-year quarter.

For the quarter, total operating expenses decreased to $5.86 million from $7.06 million last year.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
General Electric Company (GE) said it delivered a strong third quarter as orders grew, and margins continued to improve from a year ago. Adjusted GE Industrial organic profit increased 54% year-on-year, organically, driven primarily by increases at Aviation and Power, partially offset by decreases at... Ward Hill, Massachusetts-based Cedar's Mediterranean Foods is recalling Cedar's Organic Mediterranean Hommus citing undeclared pine nut, an allergen, the U.S. Food and Drug Administration said. The Cedar's Organic Mediterranean Hommus is packaged in a 10 oz. plastic container, with a UPC Code: 044115403028. Shares of UBS Group AG were gaining around 2 percent in Swiss trading after the banking major reported Tuesday higher profit in its third quarter with growth in net interest income. Further, the company said it intends to repurchase up to $0.6 billion of shares during the fourth quarter. The company will provide strategic update on February 1, 2022.
Follow RTT