Sports Club Co. Revenue up 6.8 Percent
advertisement
Interact With Us
Best of 2011
Top Stories of 2011
The most popular stories of 2011. Did your favorites make our list?
Resource Center
Buyers Guide
Find industry businesses by product or service categories, view company profiles and more.
Club Industry Trade Show
Club Industry Show and Conference, held each October, is the premier event for fitness and wellness professionals. Find out more about Exhibitors, Events, and Education.
Industry Events & Trade Shows
The industry-wide calendar features listings for educational events, trade shows and more.
Classifieds
View classified ads for health club equipment and services, plus business opportunities and job postings.
Current Issue
Read stories from the latest print issue of Club Industry magazine.
Club info and News
Read news about some of the biggest names in the industry.
- 24 Hour Fitness
- Anytime Fitness
- Bally Total Fitness
- Crunch Fitness
- Club One
- Curves
- Equinox
- Gold's Gym
- Health Fitness Corp.
- LA Fitness
- Life Time Fitness
- Lifestyle Family Fitness
- Planet Fitness
- Plus One Management
- Powerhouse Gyms
- Snap Fitness
- Spectrum Athletic Clubs
- Sport & Health
- Town Sports International
- Sports Club Co.
- Urban Active
- Wellbridge
- Western Athletic Clubs
- World Gym
E-Newsletter Signup
Breaking news on the industry, people on the move, mergers and acquisitions and much more. Delivered weekly.
LOS ANGELES, CA – Revenues for Sports Club Co.’s first quarter 2006 increased 6.8 percent to $14.5 million from $13.6 million during the same period last year, the company announced. During the first quarter, the company sold five of its nine sports and fitness clubs to Millennium Partners, a major stockholder of the company. The net sales proceeds in excess of the carrying value of the sold assets of $24.8 million was recorded as a capital contribution.
The net loss attributable to common stockholders for the first quarter ended March 31, 2006 was $3.22 million or $0.17 per basic and diluted share compared to a net loss attributable to common stockholders for the same period last year of $1.73 million or $0.09 per basic and diluted share. The weighted average number of basic and diluted shares outstanding for the first quarter 2006 was 19.4 million shares compared to 19.13 million shares for the same period last year.
Want to use this article? Click here for options!
© 2012 Penton Media Inc.
Acceptable Use Policy blog comments powered by Disqus