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Business Wire·

Helios and Matheson and MoviePass Report First-Quarter Earnings

NEW YORK--(BUSINESS WIRE)--Helios & Matheson (Nasdaq: HMNY) (“Helios”) announced financial results for the first quarter today. The company posted quarterly revenues of more than $49 million for 2018 and $1.3 for 2017, an increase of more than 3,700%. Quarterly earnings per share was $.15 basic income per share compared to a loss of ($1.17) per share one year ago. Subscriptions to MoviePass were very strong for the first quarter.