Premier Exhibitions Inc. Reports Un-Audited Consolidated Earnings Results for the Second Quarter and Six Months Ended August 31, 2014
For the six months, the company's total revenue was $15,788,000 compared to $16,759,000 a year ago. Loss from operations was $3,215,000 compared to income from operations of $1,049,000 a year ago. Loss before income taxes was $3,221,000 compared to income before income taxes of $959,000 a year ago. Net loss was $3,221,000 compared to net income of $959,000 a year ago. Net loss attributable to the shareholders of the company was $2,865,000 or $0.06 diluted per share compared to net income attributable to the shareholders of the company of $909,000 or $0.02 diluted per share a year ago. Net cash provided by operating activities was $1,776,000 compared to $1,408,000 a year ago. Purchases of property and equipment were $393,000 compared to $2,612,000 a year ago. Adjusted LBITDA was $706,000 compared to adjusted EBITDA of $3,504,000 a year ago.