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Non-Tech : Matthews Studio Equipment Group (MATT)
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To: sydney who wrote ()6/8/1999 7:06:00 PM
From: sydney  Read Replies (1) of 39
 
* Matthews Studio Equipment Group in May posted a 13-percent increase in second-quarter revenues of $14.7 million, compared with $13 million last year,while still reporting a net loss of $2
million, $876,000 in 1998. The Burbank-based equipment rental company also said earnings before interest, taxes, depreciation and amortization for the period ended March 31 surged 73 percent to
$2.6 million versus $1.5 million for the quarter a year ago. Now the catalog on line should boost revenues even more.Have been told there is also more news coming shortly.
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