Harvey Entertainment posts third quarter loss
The Harvey Entertainment Company (Nasdaq: HRVY) reported a net loss of $2,006,000, or $0.48 per share, for the third quarter of 1998 as compared to a net gain of $2,551,000, or $0.62 a share, for the same third quarter period in 1997. For the nine month period ending September 30,1998, Harvey has totaled a net loss of $4,788,000, or $1.19 per share, as compared to a net income of $2,551,000, or $0.64 per share, in the comparable year-ago period. Net operating revenues were also considerably less coming in at a negative $1,121,000 compared to revenues of $7,126,000 in the year-ago period.