AirMedia Group (AMCN) Reports a Q1 Loss; Guides Slightly Below for Q2
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AirMedia Group Inc. (Nasdaq: AMCN) reports a Q1 loss of $0.02, 4 cents worse than estimates.
Revenues were US$32.8 million vs. $31.67 million consensus.
AirMedia currently expects that its total revenues for the second quarter of 2009 will be in an amount ranging from US$36.0 million to US$38.0 million vs. consensus of $38.82 million. [SM]
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