CME reports 35% net revenue hike

Net income climbs to $67.7 million

MOSCOW -- Central European Media Enterprises Ltd. on Wednesday reported a 35% increase in net revenue from January-September, to $729.9 million, compared with the same period in 2007.

Net income increased from $52.2 million to $67.7 million, earnings per share increased from $1.21 to $1.58, and EBITDA was up by 31% to $250.2 million, compared with the same period last year.

Net revenue for the third quarter of 2008 increased by 15% to $201 million, year over year.
comments powered by Disqus