Central European Media Enterprises (CETV) Reports Q1 Loss of $0.31/Share

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Central European Media Enterprises Ltd. Reports Results for the First Quarter Ended March 31, 2016

April 27, 2016 1:45 AM EDT

- Net revenues increased 4% at constant rates to US$ 129.0 million - - OIBDA increased 44% at constant rates to US$ 17.1 million - - Unlevered free cash flow increased 88% to US$ 46.2 million -

HAMILTON, Bermuda, April 27, 2016 (GLOBE NEWSWIRE) -- Central European Media Enterprises Ltd. (CME or the Company) (NASDAQ: CETV) (Prague Stock Exchange: CETV) today announced financial results for the three months ended March 31, 2016.

Net revenues for the first quarter ended March 31, 2016 increased 4% at constant rates to US$ 129.0 million, led by... More