Friday, April 27, 2007

UPDATE 1-CTC Media profits ahead in Q1, reiterates guidance

(Reuters) - Operating revenues gained 31.4 percent to $104.1 million and earnings before interest, taxes, depreciation and amortisation gained 20.3 percent to $44.3 million, the company said in a statement.

Net income under U.S. GAAP was up 24.1 percent to $28.1 million while diluted earnings per share gained 20 percent to 18 U.S. cents, according to unaudited results.


Read more at Reuters.com Market News

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