Playboy Enterprises Narrows Quarterly Loss
From Bloomberg News
Playboy Enterprises Inc. said its second-quarter loss narrowed to $905,000, or 4 cents a share, from $3.1 million, or 12 cents, a year earlier. Sales rose 7.7% to $76 million.
Circulation revenue for the flagship magazine rose more than 10% under the direction of new editorial director James Kaminsky, who went to Playboy in September from Maxim.
Shares of Playboy fell 33 cents to $13.15 on the NYSE
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