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Marcus Corp. (MCS) Wednesday reported a wider net loss for the first quarter, while its revenue reduced from the previous year.


RTTNews | May 5, 2021 08:35AM EDT

08:34 Wednesday, May 5, 2021 (RTTNews.com) - Marcus Corp. (MCS) Wednesday reported a wider net loss for the first quarter, while its revenue reduced from the previous year.

For the quarter, the leader in the lodging and entertainment industries reported net loss attributable to the company of $28.13 million, wider than net loss of $19.35 in the prior year. On a per-share basis, net loss was $0.93, compared to $0.64 in the previous year. On an adjusted basis, net loss was $0.96.

Revenue for the quarter was $50.79 million, down from $159.46 million a year ago.

Read the original article on RTTNews ( https://www.rttnews.com/3191901/marcus-reports-wider-net-loss-for-q1.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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