Chicago-based Playboy Enterprises on Wednesday reporteddepressed results for the fourth quarter and for the fiscal yearended June 30, reflecting deep losses from Playboy's video group,which is being retitled and refocused.
For the year, Playboy reported net income of $2.6 million, or 28cents a share, down 76 percent from a year ago. Revenue was $158.8million, down 1.7 percent.
In the fourth quarter, Playboy recorded a loss of $5.4 million,compared with a profit of $7.3 million in the year ago period.Revenue was $37.8 million, down more than 12 percent.
Playboy said its full fiscal year net income from continuingoperations was just $300,000. The …
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