VisionChina (VISN) Reports Q4 Loss Per Share of $4.56

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Go back to VisionChina (VISN) Reports Q4 Loss Per Share of $4.56

VisionChina Media Inc. Announces Fourth Quarter and Full-Year 2014 Results

April 21, 2015 5:41 PM EDT

BEIJING, April 21, 2015 /PRNewswire/ -- VisionChina Media Inc. ("VisionChina Media" or the "Company") (Nasdaq: VISN), one of China's largest out-of-home digital television advertising networks on mass transportation systems, today announced its unaudited financial results for the fourth quarter and full-year ended December 31, 2014.

Fourth Quarter 2014 Results Overview

VisionChina Media reported total revenue of $21.6 million in the fourth quarter of 2014, representing a decrease of 33.4% from $32.5 million in the fourth quarter of 2013 and a decrease of 27.0% from $29.7 million in the third quarter of 2014. Advertising service revenue, which accounted for 95.5% of total revenues in... More