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Seven Arts Q3 Loss Widens

Seven Arts Entertainment Inc. (SAPX) Monday said it loss for the third quarter widened from last year, due mainly to lower revenues.

The London-based company reported a third-quarter net loss of $1.59 million or $0.05 per share, compared to $973 thousand or $0.57 per share last year.

Total revenues for the quarter dropped to $187 thousand from $272 thousand in the prior-year quarter.

by RTTNews Staff Writer

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