March's Losses and Layoffs Examined

Author: John Honovich, Published on Jun 09, 2010

While the rate of overall revenue decline diminished, losses and layoffs continued for March Networks during the February through April 2010 period.

According to the financial results announced, March Network's revenue dropped 1% but losses from writedowns were over $20 Million CAD (approximately $4 Million CAD from write down of investment tax credits and $16 Million CAD from future tax assets).

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