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Interep Q3 Commission Revenue Up
November 15, 2005 at 6:54 AM (PT)
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INTEREP third quarter commission revenue rose 8.5% to $20.1 million year-to-year. Net income fell from $9.7 million to $479,000. (96 to 5 cents/share). Part of the decline is attributed to a decrease in contract termination revenue, with 2005's (from the RADIO ONE loss) smaller than 2004's (CITADEL).