Update: Manchester United Shares Rise After Company Reports Narrowed Fiscal Q3 Adjusted Loss, Higher Revenue-February 2024-www.financetom.com

Update: Manchester United Shares Rise After Company Reports Narrowed Fiscal Q3 Adjusted Loss, Higher Revenue

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Update: Manchester United Shares Rise After Company Reports Narrowed Fiscal Q3 Adjusted Loss, Higher Revenue

Jun 6, 2025 8:12 AM

10:48 AM EDT, 06/06/2025 (MT Newswires) -- (Updates with the latest stock movement in the first paragraph and headline.)

Manchester United ( MANU ) shares were up more than 13% in recent Friday trading after the company narrowed its fiscal Q3 loss and posted higher revenue.

The company reported a fiscal Q3 adjusted loss Friday of 0.03 British pounds ($0.04) per diluted share, narrowing from a loss of 0.25 pounds a year earlier.

One analyst surveyed by FactSet expected a loss of 0.19 pounds.

Revenue for the quarter ended March 31 rose to 160.6 million pounds from 136.7 million pounds a year earlier.

One analyst polled by FactSet expected 157.3 million pounds.

The company now expects fiscal 2025 revenue in the range of 660 million pounds to 670 million pounds, compared with its previous forecast of 650 million pounds to 670 million pounds.

A single analyst polled by FactSet expects 662.3 million pounds.

Price: 15.71, Change: +1.87, Percent Change: +13.51

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