Indigo Books and Music Inc. lost $4 million in its latest quarter as revenue fell nearly six per cent from a year ago due to delays in the launch of the latest version of the Kobo e-reader. The retailer said the loss amounted to 16 cents per diluted share for the quarter ended Sept. 29 compared with a loss of $35.1 million or $1.14 per diluted share a year ago when the company took a $25.4-million charge to goodwill. Revenue for the quarter amounted to $185.6 million, down from $197.2 million a year ago. The drop came as same-store sales at the retailer's Indigo and Chapters superstores fell 6.5 per cent, while its small-format Coles and IndigoSpirit stores saw sales fall 2.2 per cent.
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