SFX Entertainment, Inc. (SFXE) Posts Q2 Loss of 50c/Share
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SFX Entertainment, Inc. (NASDAQ: SFXE) reported Q2 EPS of ($0.50), $0.34 worse than the analyst estimate of ($0.16). Revenue for the quarter came in at $82 million versus the consensus estimate of $82.9 million.
Pro forma revenue (a non-GAAP measure, see definition and reconciliation below) for the three and six months ended June 30, 2014 was $82.1 million and $121.2 million, while pro forma adjusted EBITDA (a non-GAAP measure, see definition and reconciliation below) for the respective periods was a loss of $10.2 million and $22.2 million.
For earnings history and earnings-related data on SFX Entertainment, Inc. (SFXE) click here.
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