Yahoo News:
Premier Exhibitions Inc. (PRXI)
Some see an educational experience. Others see a creepy violation of human dignity. Premier Exhibitions sees a growing business.
With 550,000 visitors paying an average of $20 per ticket per year at each of the "Bodies" venues, the company looks to bring in $121 million in revenue from those 11 operations alone. And it claims a 50% gross margin on them. The company posted earnings per share of 24 cents for the fiscal year ended Feb. 28. That was up from 15 cents the year before. Revenue climbed to $131 million, from $90 million a year earlier. The company says it expects 68 cents per share for fiscal 2008.
Full article:
For years hampered by shareholder lawsuits for unethical business practices for its Titanic Exhibition, Premier didn't begin turning a profit until it embraced cadavers. For fiscal year that ended in February net income reached $7.4 million on revenue of $30.1 million, more than 70 percent of which came from traveling exhibits of corpses and body parts. San Diego Union Tribune
Now, Premier sees a growing business from bodies. With 550,000 visitors paying an average of $20 per ticket per year at each of the "Bodies" venues, Premier looks to bring in $121 million in revenue from those 11 operations alone. And it claims a 50% gross margin on them.
Posting earnings per share of 24 cents for the fiscal year ended Feb. 28, up from 15 cents the year before. Revenue climbed to $131 million, from $90 million a year earlier. Yahoo News
Premier is aggressively promoting itself to investors and the financial community, categorized under General Entertainment April 9 Arnie Geller, their CEO, rang the closing bell at the NASDAQ Stock Market