Focus Media (FMCN) Reports Q1 Loss of $0.04; Guides Q2 Sales
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Focus Media Holding Limited (Nasdaq: FMCN) reports Q1 loss of $0.04, versus the analyst estimate of $0.15. Revenue for the quarter was $66.7 million, versus the consensus of $132.61 million and down 14% from the $78 million reported in the same quarter last year.
Sees Q2 sales of no less than $69 million.
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