Article: Movie Gallery Reports 3rd-Quarter Net Income of $0.28 Per Diluted Share and Adjusted Net Income of $0.30 Per Diluted Share.

Entertainment Editors/Business Editors

DOTHAN, Ala.--(BUSINESS WIRE)--Nov. 4, 2003

Movie Gallery, Inc. (Nasdaq: MOVI) today announced financial results for the third quarter and nine months ended October 5, 2003. Revenues increased 28.2% to $167,239,000 for the third quarter, a 13-week period, from $130,435,000 for the third quarter last year, a 13-week period ended October 6, 2002. Net income for the latest quarter was $9,215,000, or $0.28 per diluted share, compared with $9,392,000, or $0.29 per diluted share, for the third quarter last year.

Adjusted net income per diluted share was $0.30 for the third quarter, up 7.1% from $0.28 for the ...

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