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Manchester United: Fiscal 2Q Earnings Snapshot

MANCHESTER, Britain (AP) _ Manchester United PLC (MANU) on Thursday reported fiscal second-quarter net income of $34.4 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Manchester, Britain-based company said it had profit of 21 cents. Earnings, adjusted for non-recurring costs, came to 36 cents per share.

The soccer club posted revenue of $268.4 million in the period.

Manchester United shares have increased almost 5 percent since the beginning of the year. The stock has increased 1 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MANU at https://www.zacks.com/ap/MANU