Oh yeah…um…naturally, net losses were up as well: $11.07 million, or 34 cents per share, versus $1.85 million, of 27 cents per share, in the same period last year. However, that number does represent a smaller loss than the fourth quarter 1999, when losses were $13.1 million, or 40 cents per share. Cash and accounts receivable as of March 31 were reported at $48.83 million, compared to $58.82 million at the end of 1999.
Musicmaker.com stock closed yesterday (4/27) down 9.09% to $2.50.
But let us not forget the company is the target of a class-action suit filed in U.S. District Court for the Central District of California on Feb. 25 which claimed that investors were misled about earnings related to a content deal with EMI.
That's gotta have a positive spin on the stock, right?
Bartender, another round of boilermakers, if you'd be so kind.
THE COUNT: ALL THE DESERT'S A STAGE
The dust settles on the Indio Polo Grounds. (4/22a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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