COSI Rips on Earnings as Skeptics Denied

12 Aug 2016, Friday

COSI hit the market with the company’s fiscal second quarter numbers on Thursday afternoon. Even though it wasn’t a breakout quarter, there were a lot of good signs, and the numbers hit the estimates on the nose. For the 2016 second quarter the Company reported a net loss of ($3.1) million, or ($0.07) per diluted share, compared to ($3.9) million, or ($0.08) per diluted share, in the 2015 second quarter.…

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