CTC Media (CTCM) Reports Q3 EPS of $0.28
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CTC Media Announces Financial Results for the Third Quarter and Nine Months Ended September 30, 2015
November 9, 2015 8:17 AM ESTMOSCOW, Nov. 09, 2015 (GLOBE NEWSWIRE) -- CTC Media, Inc. (CTC Media or the Company) (NASDAQ: CTCM), Russias leading independent media company, today announced its unaudited consolidated financial results for the third quarter and nine months ended September 30, 2015.
Q3 2015 FINANCIAL HIGHLIGHTS
Revenues were down by 15% in ruble terms and 51% in USD terms year-on-year to RUR 4.9 billion ($77.2 million), principally reflecting the estimated 13% contraction of the Russian television advertising market in the third quarter of 2015OIBDA1Â of RUR 0.6 billion... More