financetom
Business
financetom
/
Business
/
Manchester United Swings to Fiscal Q2 Loss, Reports Lower Revenue; Reiterates Fiscal 2025 Revenue Guidance
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Manchester United Swings to Fiscal Q2 Loss, Reports Lower Revenue; Reiterates Fiscal 2025 Revenue Guidance
Feb 19, 2025 5:53 AM

08:27 AM EST, 02/19/2025 (MT Newswires) -- Manchester United ( MANU ) reported Wednesday its fiscal Q2 swung to an adjusted loss of 0.4 British pounds ($0.46) per share compared with adjusted earnings of 0.2 pounds per share a year earlier.

Two analysts polled by FactSet expected a loss of 0.22 pounds per share.

Revenue for the quarter ended Dec. 31 was 198.7 million pounds, down from 225.8 million pounds a year earlier.

Two analysts surveyed by FactSet expected 200.1 million pounds.

The company said it reiterates its fiscal 2025 revenue of 650 million to 670 million pounds. Four analysts surveyed by FactSet expect 666.8 million pounds.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Verizon Says Engineers Achieve Breakthrough With 5.5 Gbps Download Speeds
Verizon Says Engineers Achieve Breakthrough With 5.5 Gbps Download Speeds
Jan 7, 2025
12:46 PM EST, 01/07/2025 (MT Newswires) -- Verizon Communications ( VZ ) on Tuesday said its engineers recently achieved 5.5 Gbps download speeds in a lab setting. That's the equivalent of downloading 266 Taylor Swift albums a minute or streaming 3,056 Hulu episodes per hour, the company said. The proof-of-concept trial was conducted in a 5G lab environment with Samsung...
Primech Secures Over $3.8 Million in New, Renewed Facility Services Contracts
Primech Secures Over $3.8 Million in New, Renewed Facility Services Contracts
Jan 7, 2025
12:45 PM EST, 01/07/2025 (MT Newswires) -- Primech Holdings ( PMEC ) was adding more than 1% in recent Tuesday trading after the company said its Primech A&P unit has secured several new or renewed facility services contracts with a combined value of more than $3.8 million. The company said its subsidiary signed multiple contract renewals and new deals for...
Live Nation pricing class action to proceed along with Justice Department case
Live Nation pricing class action to proceed along with Justice Department case
Jan 7, 2025
Jan 7 (Reuters) - A consumer lawsuit accusing Live Nation and subsidiary Ticketmaster of charging artificially high ticket prices will proceed at the same time as a parallel antitrust case filed by the U.S. government and 39 states, a federal judge has ruled. U.S. District Judge George Wu in Los Angeles on Monday rejected a request from Live Nation to...
Mobilicom Gets $600,000 Follow-On Order for Drone Data Link System
Mobilicom Gets $600,000 Follow-On Order for Drone Data Link System
Jan 7, 2025
12:47 PM EST, 01/07/2025 (MT Newswires) -- Mobilicom ( MOB ) said Tuesday it has received a $600,000 follow-on production scale order for its SkyHopper PRO datalink systems from an unnamed US drone manufacturer. While the client's name was not disclosed, the company said the drones, featuring Mobilicom's ( MOB ) SkyHopper PRO datalinks as a key component, are being...
Copyright 2023-2026 - www.financetom.com All Rights Reserved