Dove Audio, Inc. (Dove Entertainment) Announces Second Quarter Results

PR Newswire | August 20, 1996 | Copyright

LOS ANGELES, Aug. 20 /PRNewswire/ -- Dove Audio, Inc. (Dove Entertainment) (Nasdaq: DOVE) today announced a net loss of $2,539,000 or 45 cents per share for the 3 months ended June 30, 1996 and a net loss of $2,168,000 or 40 cents per share for the 6 months ended June 30, 1996. This compares to a net profit of $261,000 or 6 cents per share for the 3 months ended June 30, 1995 and $294,000 or 6 cents a share for the 6 months ended June 30, 1995. The Company's revenues for the 3 months to June 30, 1996 decreased to $2,992,000 from $4,190,000 in 1995 while revenues for the 6 ...

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