Wilhelmina International (WHLM) Reports Q1 Loss of $0.02/Share
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Wilhelmina International, Inc. Reports First Quarter Financial Results
May 13, 2016 4:11 PM EDTRevenues for the quarter up 1.8% year-over-year to $21.4 million, a record for the first quarter of a year.Revenues for Wilhelmina London grew by 100% compared to the first quarter of 2015.Pre-Corporate EBITDA for the first quarter of 2016 declined to $1.2 million compared to $1.3 million in first quarter 2015.Net income decreased $0.5 million, or 133.2%, for first quarter 2016 when compared to first quarter 2015, due to $0.7 million of non-recurring expenses primarily associated with senior management changes in the first quarter of 2016.... More
