Fisher Q2 Radio Revenues Slip
August 2, 2007 at 6:24 AM (PT)
Radio revenue fell, but overall revenue rose for FISHER COMMUNICATIONS in the second quarter of 2007. Overall revenues were up 3% to $41.3 million, with net income flat at $2.3 million (26 cents/share). Radio revenue slipped 5%.
"The second quarter of 2007 continued our trend of revenue growth," said Pres./CEO COLLEEN B. BROWN. "We gained solid revenue results over the first half of the year, driven by Fisher's expanding efforts in Spanish-language television and increased rental income from FISHER PLAZA. Over the second half of the year, we will continue to improve our market position by expanding our Internet presence and pursuing important distribution and partnership opportunities."