Itel Corp.: The Chicago-based company reported a...
- Share via
From Times Staff and Wire Reports
Itel Corp.: The Chicago-based company reported a first-quarter loss of $16.1 million, contrasted with a profit of $4.5 million in the same period a year earlier. Revenue fell 8% to $437.7 million. The company, which leases transportation equipment, blamed the loss on continuing interest costs associated with its minority investments in marketable securities.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
