The Sports Club/LA shows revenues up 25.9 percent

The Sports Club Company Inc. (AMEX:SCY) announced revenues for the quarter ended Sept. 30, 2002 25.9 percent to $30,272,000, compared to $24,041,000 for the third quarter of 2001.
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The Sports Club Company Inc. (AMEX:SCY) announced revenues for the quarter ended Sept. 30, 2002 25.9 percent to $30,272,000, compared to $24,041,000 for the third quarter of 2001, an increase of $6,231,000. EBITDA for the third quarter of 2002 increased 238.9 percent to $2,447,000, compared to $722,000 for the third quarter of 2001, an increase of $1,725,000. The net loss for the quarter was $3,756,000 or $0.22 per basic and diluted share in 2002, compared to a 2001 third quarter net loss of $4,683,000 or $0.26 per basic and diluted share.

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