Saturday, October 29, 2016
Redbox Reports Higher Q3 Profit on Lower Revenue
Redbox Oct. 29 reported third-quarter (ended Sept. 30) operating income of $90.4 million, which was 2.4% higher than operating income of $88.3 million during the previous-year period. Revenue declined about 10% to $395.4 million, from $435.1 million a year ago.
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