Meredith Q2 Revenues Slip
January 25, 2008 at 5:55 AM (PT)
MEREDITH CORP. overall revenues fell 0.8% to $396.245 million for fiscal second quarter 2007. Net earnings rose 2.9% to $36.059 million (76 cents/basic share). Broadcasting revenues fell 16.3% to $87.637 million, with the drop coming from the loss of political advertising; non-political ad revenue rose 6.1% to $85.168 million.
The company does not break out revenues for its sole radio property, News-Talk WNEM-A/SAGINAW.