Manchester United: Fiscal 1Q Earnings Snapshot
MANCHESTER, Britain (AP) _ Manchester United PLC (MANU) on Monday reported fiscal first-quarter net income of $1.4 million, after reporting a loss in the same period a year earlier.
The Manchester, Britain-based company said it had profit of 1 cent per share. Earnings, adjusted for one-time gains and costs, were 3 cents per share.
The soccer club posted revenue of $166.9 million in the period.
Manchester United shares have decreased 14% since the beginning of the year. The stock has dropped 22% in the last 12 months.