Meredith FY2006, Q4 Revenues Up
July 28, 2006 at 6:27 AM (PT)
MEREDITH fiscal 2006 fourth quarter revenues jumped 26% to $426 million (4% on a comparable basis to $345 million) and earnings pre share rose 17% to 97 cents. The company's Broadcasting Group revenues, including its only radio property, Talk WNEM-A/SAGINAW, rose 9% to $87 million, with operating profit up 21% to $29 million.
For the full year, the Broadcasting Group showed profit and EBITDA up 2% each and revenues up 2% to $319 million.