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NextMedia Q3 Revenues Rise
October 18, 2005 at 11:10 AM (PT)
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NEXTMEDIA third quarter net revenue rose 14.5% to $33.1 million, with the company's net loss narrowing from $19.5 million to $800,000. Radio revenue was up 4.9% to $21.6 million, but outdoor revenue jumped 19.4% to 12.3%. Broadcast cash flow rose 12.4% to $13.6 million while adjusted EBITDA rose 16% to $11.6 million.
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