CHUM Ltd. Revenues, Earnings Up For Q2
April 13, 2006 at 4:25 PM (PT)
CHUM LTD. radio revenues rose 7.6% in second quarter to C$31.194 million (same-station up 5.7% to C$30.634 million), with radio EBITDA up 2.7% to $8.509 million (same-station up 6.6% to C$8.937 million).
The Canadian media company's overall revenue rose 7.8% to C$152.422 million, and EBITDA rose 30% to C$19.206, including the results from several TV stations and cable networks acquired last year from CRAIG MEDIA. Net earnings were up 135.1% to C$5.922 million (21 cents/share).
CHUM's board also declared a regular quarterly dividend of 1 cent/share on outstanding Non-voting Class B shares, payable JUNE 1st to shareholders of record as of MAY 12th.