Replies to Post #95502 onORIONS Money Stocks

Replies to #95502 on ORIONS Money Stocks

09/05/10 9:59 AM

#95503 RE: AugustaFriends #95502

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The company, which operates 36 TV stations, booked a net loss of $5.9 million, or 11 cents per share, for the three months ended June 30. That compares with a loss of $10.7 million, or 22 cents per share, a year earlier.

Revenue climbed 16 percent to $75.6 million from $65.1 million.

Along with ad sales, the company's main source of income, it also saw an uptick in revenue from the fees cable providers pay to carry its broadcast signals. Revenue from so-called retransmission fees rose 18 percent to $4.7 million.