Parlay Releases Results For Q1 2009


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		Parlay Releases Results For Q1 2009 28 May 09

	Parlay Entertainment released numbers for the three-months ending March 31, 2009. According to the online and TV bingo software solutions provider's website, "Consolidated revenues were $1.0 million in Q1 2009 compared to $2.0 million in Q1 2008." "Expenses in Q1 2009 were $1.3 million, down from $2.5 million in Q1 2008. The decrease represented reduced compensation expenses together with the absence of certain non-recurring expenses in Q1 2008." "Net loss for the quarter was $0.2 million, or $(0.02) per diluted share, compared to a net loss of $0.3 million, or $(0.02) per diluted share in Q1 2008." "Parlay remains debt free and Parlay's cash balance at March 31, 2009 was $3.0 million." Digg Del.icio.us Reddit StumbleUpon Email this page to a friend Go to the Message Boards Contact the editor

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