MCA Inc.’s net income fell 37% to...
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MCA Inc.’s net income fell 37% to $46.84 million in the third quarter--despite record revenue of $770.59 million. Operating income dropped 29% to $80.15 million, while income before taxes decreased 39% to $66.94 million. The Universal City entertainment company said the decrease in operating income was caused mainly by lower television earnings and losses in the toy products division caused by a shipment delay.
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