May 12, 2016 / 10:27 PM / a year ago

BRIEF-Gamehost Qtrly earnings per share $ 0.17

May 12 (Reuters) - Gamehost Inc

* Total operating revenues for quarter were down $1.7 million or 8.6% to $18.1 million

* Qtrly earnings per share $ 0.17

* "board of directors have determined that a reduction in corporation's monthly dividend is prudent"

* Board approved a 21.6% reduction to current annualized dividend rate of $0.8796 (cdn$) per common share

* Going forward annualized rate of $0.6900 (cdn$) per common share will be effective beginning june 2016

* "going forward, corporation expects to maintain a more conservative payout ratio"

* Gamehost announces first quarter 2016 financial results Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below