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4Kids Entertainment Q1 Loss Narrows - Quick Facts

4Kids Entertainment Inc. (KDE) announced financial results for the first quarter, posting a net loss attributable to the company of $2.0 million or $0.15 per share, compared to a net loss of $6.4 million or $0.48 per share in the same period last year.

The company said its results reflect the adoption of SFAS No. 160 requiring losses attributable to non-controlling interests of the company to be excluded in their entirety from the computation of its net losses beginning in 2009.

Net revenues for the period totaled $10.2 million, compared to $15.0 million in last year period.

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