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Re: bar1080 post# 991

Wednesday, 02/17/2016 11:53:42 AM

Wednesday, February 17, 2016 11:53:42 AM

Post# of 1115
New 10-Q answers my old question: "SPDC is a deeply troubled company. I don't understand how it's able to retain clients who surely must be eyeing the dreadful financials. "

"Net Revenue
Net revenue was $33.5 million for the three months ended December 30, 2015 compared to $38.3 million for the three months ended December 31, 2014, a decrease of $4.8 million, or 12.5%. The decrease was primarily attributable to a decrease in freight service revenue and the departure of a significant client."


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