AirMedia (AMCN) Reports Q2 Loss Per Share of $0.32

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Go back to AirMedia (AMCN) Reports Q2 Loss Per Share of $0.32

AirMedia Announces Unaudited Second Quarter 2015 Financial Results

August 25, 2015 5:00 PM EDT

BEIJING, Aug. 25, 2015 /PRNewswire/ -- AirMedia Group Inc. ("AirMedia" or the "Company") (Nasdaq: AMCN), a leading operator of out-of-home advertising platforms in China targeting mid-to-high-end consumers, as well as a first-mover in the in-flight and on-train Wi-Fi market, today announced its unaudited financial results for the second quarter ended June 30, 2015.

Second Quarter 2015 Financial Highlights

Pursuant to the agreement to sell 75% equity interest of AirMedia Group Co., Ltd., which was previously announced on June 15, 2015 (the "Transaction"), starting from the second quarter of 2015, the financial results associated with the Company's... More