After Q2 Revenue Miss, CEO Of Beleaguered Redbox Parent Says Company Is Ramping Up Cost-Cutting Moves And Weighing Strategic Options; Shares Drop After Hours ...Middle East

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After Q2 Revenue Miss, CEO Of Beleaguered Redbox Parent Says Company Is Ramping Up Cost-Cutting Moves And Weighing Strategic Options; Shares Drop After Hours
Chicken Soup for the Soul Entertainment, whose $375 million acquisition of Redbox closed about a year ago, delivered second-quarter financial results reflecting the company’s struggle to fully digest the deal. Citing a host of industry headwinds that have intensified since the transaction was completed, the company reported total revenue of $79.9 million in the quarter […]

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