Manchester United: Fiscal 4Q Earnings Snapshot

September 26, 2018 Off By Oha

MANCHESTER, Britain (AP) _ Manchester United PLC (MANU) on Tuesday reported a fiscal fourth-quarter loss of $22.1 million, after reporting a profit in the same period a year earlier.
The Manchester, Britain-based company said it had a loss of 13 cents per share. Losses, adjusted for non-recurring costs, came to 1 cent per share.
The soccer club posted revenue of $201 million in the period.
For the year, the company reported a loss of $50.2 million, or 31 cents per share, swinging to a loss in the period. Revenue was reported as $794.7 million.
Manchester United shares have climbed 21 percent since the beginning of the year. The stock has increased 38 percent in the last 12 months.