Feb
18
Playboy Has Lower Losses, and Magazine Profits
February 18, 2010 | Leave a Comment
Playboy Enterprises managed to turn a profit last quarter. The media and entertainment company reported a net loss of $27.8 million, or 83 cents per share, for the fourth quarter, compared to a net loss of $146.8 million, or $4.40 per share, a year earlier. Revenue fell 13%, to $60.6 million. And so analysts expected [...]