Central European Media Enterprises Ltd. Reports Results for the Third Quarter and Nine Months Ended September 30, 2019
CENTRAL EUROPEAN MEDIA (CETV)
Last central european media earnings: 4/26 01:54 am
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Source: Business Wire
THIRD QUARTER- Net revenues increased 1% at actual rates and 7% at constant rates to US$ 138.9 million -- Operating income increased 39% at actual rates and 49% at constant rates to US$ 30.8 million -- OIBDA increased 16% at actual rates and 23% at constant rates to US$ 41.4 million -NINE MONTHS- Net revenues decreased 1% at actual rates but increased 6% at constant rates to US$ 469.0 million -- Operating income increased 23% at actual rates and 32% at constant rates to US$ 118.9 million -- OIBDA increased 16% at actual rates and 24% at constant rates to US$ 152.8 million - HAMILTON, Bermuda--(BUSINESS WIRE)--Central European Media Enterprises Ltd. (“CME” or the “Company”) (NASDAQ/Prague Stock Exchange - CETV) today announced financial results for the three and nine months ended September 30, 2019.Year-to-date operational and financial highlights:TV advertising revenues decreased 3% at actual rates, but increased 4% at constant rates.Carriage fees and subscription revenues increase
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