Friday, February 24, 2017
Universal Q4 Financials Undermined by Lower Home Entertainment, Theatrical Revenue
Universal Pictures Feb. 24 reported a 60% drop in fourth-quarter (ended Dec. 31, 2014) operating cash flow to $77 million, from $192 million during the previous-year period. Revenue declined 10.6% to $1.3 billion, from $1.4 billion.
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