Premier Exhibitions (PRXI) Reports Q1 Loss of $0.46/Share
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Premier Exhibitions Reports First Quarter Fiscal 2016 Results
July 9, 2015 5:05 PM EDTATLANTA, July 9, 2015 (GLOBE NEWSWIRE) -- Premier Exhibitions, Inc. (NASDAQ: PRXI), a leading presenter of museum-quality touring exhibitions around the world, today announced financial results for the first quarter of fiscal 2016 ended May 31, 2015.
Comparing the first fiscal quarter 2016 with the prior year's first fiscal quarter:
Total revenue decreased 3.2% to $7.2 million compared to $7.5 million in the first quarter of fiscal 2015. Exhibition revenue was negatively impacted by a reduction in the number of exhibitions rented to promoters or museums. Merchandise revenue was negatively impacted by fewer exhibitions presented in the first... More