Monday, February 28, 2011

Zoomer Media six-month results show $2.8 million turnaround, net income $1.1 million

Zoomer Media, the parent company of Zoomer magazine has announced that its first half results for the period ended December 31 showed revenues of $31.2 million and expenses of $27.3 million resulting in income before depreciation, amortization and interest of $3.9 million. Net income for the period was $1.1 million. For the comparable six month period in the previous year, the Company had

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