2.43%XLF 15.10 
10.30%QQQQ 31.32 0.63%
Digg
Del.icio.us
Newsvine 
Facebook
Stumbleupon
ATLANTA - Gray Television Inc.'s first-quarter loss narrowed as higher political and online advertising boosted revenue, the television station operator said Friday.
| GTN | 0.74 |  0.13 |
Gray reported a loss of $3.9 million, or 8 cents per share, after posting a loss of $11.3 million, or 24 cents per share, in the year-ago period.
The loss was narrower than the 10 cents per share expected by analysts in a Thomson Financial poll.
Revenue rose 2 percent to $71 million from $69.7 million, boosted by higher political and online advertising. The company said its Web traffic rose after it posted more local content and promoted the sites more.
Analysts expected revenue of $70 million.
Gray TV shares rose 1 cent to $4.07 in midday trading.
As the presidential race revs up, political conversations in NFL locker rooms echo those in workplaces nationwide. Taxes. Economy. McCain. Obama....
Intimate photos taken by Brad Pitt of girlfriend Angelina Jolie breastfeeding on...
In last week's report, I held out the prospect that the US government rescue package might result in a change in sentiment in financial mark...
|
Professional Website Design For Corporate - Get a Free Quote Today
Partners   
|
© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives
EMAIL
PRINT
RSS
SHARE
