Global Eagle Entertainment: 2Q Earnings Snapshot
LOS ANGELES (AP) _ Global Eagle Entertainment Inc. (ENT) on Thursday reported a loss of $38.5 million in its second quarter.
The Los Angeles-based company said it had a loss of 42 cents per share.
The in-flight entertainment services company posted revenue of $157.5 million in the period.
In the final minutes of trading on Thursday, the company’s shares hit 82 cents. A year ago, they were trading at $2.54.