LodgeNet (LNET) Hit Following Wider Q1 Loss
Tweet
Share
E-mailGet Alerts LNET Hot Sheet
Price: $0.02 --0%
Financial Fact:
Hospitality and Advertising Services: 53.76M
Today's EPS Names:
CIX, FRPH, WMK, More
Financial Fact:
Hospitality and Advertising Services: 53.76M
Today's EPS Names:
CIX, FRPH, WMK, More
Join SI Premium – FREE
LodgeNet (Nasdaq: LNET) shares are getting hit Wednesday, down over 20 percent, following its first-quarter earnings report.
LodgeNet widened its loss per share to 14 cents, from 9 cents last year.
In addition, the company said: "We are progressing on a comprehensive review of the issues impacting Guest Entertainment revenues. The evaluation includes all operating parameters impacting current performance, including recent marketing and pricing changes, modifications to the user interface, and changes to content offerings as well as general environmental factors."
LodgeNet widened its loss per share to 14 cents, from 9 cents last year.
In addition, the company said: "We are progressing on a comprehensive review of the issues impacting Guest Entertainment revenues. The evaluation includes all operating parameters impacting current performance, including recent marketing and pricing changes, modifications to the user interface, and changes to content offerings as well as general environmental factors."
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- eXp World Holdings, Inc. (AGNT) Misses Q2 EPS by 9c; offers guidance
- Spyre Therapeutics, Inc. (SYRE) Tops Q2 EPS by 40c
- Parametric Sound (PAMT) Misses Q2 EPS by 25c
Create E-mail Alert Related Categories
Earnings, Insiders' Blog, Momentum MoversRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
