DG Fastchannel Earnings Up
November 9, 2006 at 6:33 AM (PT)
DG FASTCHANNEL INC., the leading provider of digital media delivery services to the advertising and broadcast industries, today reported financial results for the third quarter ended SEPTEMBER 30, 2006. Highlights included revenue of $19.6 million compared to $13.1 million in the comparable period of 2005, driven by both the merger with FASTCHANNEL and 9% year-over-year growth in pro forma core ad revenues.
Chairman/CEO SCOTT GINSBURG commented, "We closed the third quarter with $19.6 million of revenue, breaking through the high-end of our revenue forecast. With increased on-line video traffic and the anticipated benefit of significant merger cost synergies, we entered the fourth quarter well positioned to realize ongoing benefits from our business model."