Article: Kideo Productions, Inc. Reports Fourth Quarter and Year End Results; Revenues Increase 77% Over Fiscal 1996.

NEW YORK--(BUSINESS WIRE)--Nov. 14, 1997--Kideo Productions, Inc. (OTC - KIDO) today announced results for the fiscal year ended July 31, 1997.

Sales for the 12 month period ended July 31, 1997 rose 77% to $1,346,000 compared to $761,000 reported for the same period in 1996. Direct-to-consumer sales increased 265% due to the cumulative results of the Company's direct marketing activities. The net loss for the 12 months ended July 31, 1997 was $3.8 million ($1.37 per share), compared to the prior year net loss of $3.1 million ($1.71 per share). The fiscal 1997 loss includes a $226,000 one-time write-off of manufacturing equipment, partially offset by a ...






Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!