Helios and Matheson Analytics Inc. Reports Financial Results for Third Quarter 2018
HELIOS&MATHESON ANALYTICS (HMNY)
US:NASDAQ Investor Relations:
en.wikipedia.org/wiki/helios
Company Research
Source: Business Wire
Provides Update on MoviePass Inc. and MoviePass Films Business NEW YORK--(BUSINESS WIRE)-- Helios and Matheson Analytics Inc. (Nasdaq: HMNY) (“Helios”), a provider of information technology services and solutions and the 92% owner of MoviePass Inc. (“MoviePass”), the nation’s premier movie-theater subscription service, today announced financial results for the third quarter ended September 30, 2018. This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20181115005542/en/ Average monthly usage per subscriber was dramatically reduced to .77 movies per month in September 2018, as compared to 2.22 movies per month in April 2018 (Graphic: Business Wire) “During this transitional period for Helios and MoviePass, we have been focused on reducing our burn rate and striving to improve our business model and we are very encouraged by our Q3 financial results,” said Ted F
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