Helios and Matheson (HMNY) Reports Q1 EPS of $0.15, Miss on Revenues
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Helios and Matheson (NASDAQ: HMNY) reported Q1 EPS of $0.15, versus ($1.21) reported last year. Revenue for the quarter came in at $49 million versus the consensus estimate of $61.35 million.
- Active MoviePass subscribers have surpassed 2.7 million with MoviePass adding 1.1 million net new subscribers in 1st quarter
- The company posted quarterly revenues of more than $49 million for 2018 and $1.3 for 2017, an increase of more than 3,700%.
- Quarterly earnings per share was $.15 basic income per share compared to a loss of ($1.17) per share one year ago.
- Subscriptions to MoviePass were very strong for the first quarter.
“We are excited to report our biggest quarter in Helios and Matheson and MoviePass combined history. This growth surpassed our expectations,” said Ted Farnsworth, Chairman and CEO of Helios.
For earnings history and earnings-related data on Helios and Matheson (HMNY) click here.
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