Movie Gallery reports wider loss
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From Times Staff and Wire Reports
Movie Gallery Inc. reported a wider quarterly loss and said there were doubts whether it could remain a going concern.
The debt-plagued No. 2 U.S. movie rental company’s second-quarter loss was $9.69 a share, compared with 47 cents a share for the year-earlier quarter.
The Dothan, Ala.-based company said it might be unable to continue operating past the third quarter unless it obtained additional capital.
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