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Membership Collective Group Inc.  (MCG)
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    Sector  Services    Industry Hotels & Tourism
   Industry Hotels & Tourism
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A deficit of $-0.30 per Share at the Hotels & Tourism company in the first quarter of 2022

Membership Collective Group Inc. announced first quarter of 2022 operating deficit of $-47.422 millions

Published 2022-05-19T14:28:12-04:00
Goran Soko / CSIMarket.com Contributer

Bay_Club_By_WPPilot_(Own_work)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonsFor the first quarter of 2022 Membership Collective Group Inc. lost money of $-0.30 per share compare to $-1.88 a year before and grew deficit from $-0.24 per share from the preceding quarter.

Revenues fell sharply by -65.747 % to $192.01 millions from $560.55 millions in the corresponding quarter a year before and sequentially Revenues grew by 4.069 % from $184.50 millions.




In the first quarter of 2022 Membership Collective Group Inc. reported net deficit of $-60.626 million, instead of deficit of $-268.714 millions in the corresponding quarter a year ago.


Membership Collective Group Inc. is expected to report next financial results on August 25, 2022.


    Recently Reported Results
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The Top-line took a nose-dive at DXYN over the fiscal three months closing Jun 25 2022

Weak business caused rise in losses for the second quarter of 2022 financial report, The Dixie Group Incs' net loss per share grew at $-0.29 from $0.21 where Revenue went down by -20.161 % to $83.70 millions from $104.83 millions a year before.


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The Regional Banks company declared substantial leap in Revenues, over the fiscal three months closing Jun 30 2022

HBNC achieved Bottom and Top-line rise for the April to June 30 2022. Revenues were at $65.20 millions increased by 9.895 % year on year and advanced by 2.339 % quarter on quarter, while net profit per share grew by 14 % to $0.57, sequentially income improved by 5.56 %.


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Decline in profits despite the Increase in business at

company declared declining eps on increasing revenue in the Jun 30 2022 report, where Revenue grew by 4.684 % to $69.13 millions compared to $66.03 millions on a year-over-year basis, while profits decreased by -3.03 % to $0.64 per share, income per share was $0.66 in the corresponding span a year before.


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Rewarding reporting period by the company during the most recent fiscal period

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Other MCG's Earnings Reports

Membership Collective Group reported first quarter 2022 earnings

Membership Collective Group reported fourth quarter 2021 earnings

Membership Collective Group reported third quarter 2021 earnings

       
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