DG Systems Revenues, Income Fall
November 3, 2005 at 6:27 AM (PT)
DG SYSTEMS third quarter revenues fell from $15.6 to $13.1 million, which reflected the absence of political ads in 2005 as well as $210,000. of deferred revenue that was included in 2004's number. EBITDA dropped from $2.9 million to $1 million, resulting in the company going from net income of $547,000. (1 cent/share) to a loss of $840,000. (-1 cent/share).
The company expects fourt quarter revenue to exceed third quarter's.