Friday, April 27, 2007

CTC Media profits ahead in Q1, restates guidance

(Reuters) - Net income to U.S. GAAP was up 24.1 percent to $28.1 million while diluted earnings per share gained 20 percent to 18 U.S. cents.

Nasdaq-listed CTC Media repeated its guidance for the full year that operating revenues would reach $460 million to $500 million and it would post an EBITDA margin of 45-48 percent.


Read more at Reuters.com Market News

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