You will be redirected back to your article in seconds

Laser-Pacific loss hits $ 2.7 mil

Laser-Pacific Media Corp. Monday reported an anticipated loss for the second quarter ended June 30.

Robert E. Seidenglanz, chairman and chief executive officer of the company, which provides post-production services for television and film, stated that the company’s results are always lowest in the second quarter due to the seasonal nature of television.

The net loss for the second quarter was $ 2.7 million, or 42 cents per share, compared with a loss of $ 1.5 million (24 cents) for the second quarter of 1992. Revenue for the second quarter of 1993 was $ 4.8 million vs. operating revenue of $ 6.5 million in the same period a year ago.

More TV

  • Andrew Lincoln as Rick Grimes, Chandler

    'Walking Dead' Recap: Tide of War Turns in Midseason Finale (SPOILERS)

    Laser-Pacific Media Corp. Monday reported an anticipated loss for the second quarter ended June 30. Robert E. Seidenglanz, chairman and chief executive officer of the company, which provides post-production services for television and film, stated that the company’s results are always lowest in the second quarter due to the seasonal nature of television. The net […]

  • Jeff Glor

    Jeff Glor to Interview French President Emmanuel Macron on 'CBS Evening News'

    Laser-Pacific Media Corp. Monday reported an anticipated loss for the second quarter ended June 30. Robert E. Seidenglanz, chairman and chief executive officer of the company, which provides post-production services for television and film, stated that the company’s results are always lowest in the second quarter due to the seasonal nature of television. The net […]

  • SUITS -- "Full Disclosure" Episode 707

    Dubai: USA Network's Legal Drama 'Suits' Set For Arabic Adaptation (EXCLUSIVE)

    Laser-Pacific Media Corp. Monday reported an anticipated loss for the second quarter ended June 30. Robert E. Seidenglanz, chairman and chief executive officer of the company, which provides post-production services for television and film, stated that the company’s results are always lowest in the second quarter due to the seasonal nature of television. The net […]

  • SATURDAY NIGHT LIVE -- Episode 1733

    'Saturday Night Live': Seth Rogen, Jonah Hill, and Steve Martin Appear in James Franco Opener

    Laser-Pacific Media Corp. Monday reported an anticipated loss for the second quarter ended June 30. Robert E. Seidenglanz, chairman and chief executive officer of the company, which provides post-production services for television and film, stated that the company’s results are always lowest in the second quarter due to the seasonal nature of television. The net […]

  • Vanessa Kirby

    'The Crown' Star Vanessa Kirby on the 'Privilege' of Playing Princess Margaret

    Laser-Pacific Media Corp. Monday reported an anticipated loss for the second quarter ended June 30. Robert E. Seidenglanz, chairman and chief executive officer of the company, which provides post-production services for television and film, stated that the company’s results are always lowest in the second quarter due to the seasonal nature of television. The net […]

More From Our Brands

Access exclusive content