Business & Tech
Temecula's Outdoor Channel Reports $1.2 Million Loss
The losses are deeper than those suffered during the same quarter last year.
The Temecula-based deepened its losses during the first quarter of the year.
It reported a $1.2 million net loss for the quarter, which is greater than the already-significant $830,000 loss it suffered during the same quarter last year, according to the Chicago Tribune.
The loss amounted to 5 cents per share, the paper reported.
Total revenues declined 3 percent to $14.3 million, down from $14.8 million during the same quarter last year.
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