|
Real Estate News Releases
|
(CHARTPOPPERS.COM, December 08, 2009 ) Point Roberts, WA - Chartpoppers.com announces an investment report featuring Focus Media Holdings Ltd. (NASDAQ: FMCN)
Focus Media Holding Limited, through its subsidiaries, operates an out-of-home advertising network, and provides Internet marketing solutions in China. The company offers advertising services on in-elevator poster frames, mobile handsets, the Internet, on screens in movie theatres, and on traditional outdoor billboards. It also develops, licenses, and sells Adforward software, an Internet advertising software packages. The company, through its multi-platform digital advertising network, reaches urban consumers at strategic locations and point-of-interests in various media formats, including billboards and Internet advertising platforms.
Recent News on Focus Media Holdings Ltd. (NASDAQ: FMCN)
Focus Media Holding Limited China's largest digital media group, today announced its unaudited financial results for the third quarter ended September 30, 2009.
Total net revenue for third quarter 2009 was $166.6 million, declining
3% from $171.3 million for the second quarter of 2009 and declining 26%
from $224.8 million for the third quarter of 2008. The aggregate net
revenue for the LCD display network, in-store network and poster frame
network (previous classified within discontinued operations) was $85.8
million, surpassing the high end of Company's previous guidance of
$81.5 million; The aggregate net revenue for the movie theatre and
outdoor traditional billboard network and Internet advertising services
(previously classified within continuing operations) was $80.8 million.
The Internet advertising services division had aggregate net revenue of
$68.3 million, of which $28.6 million was attributable to subsidiaries
that were deconsolidated by the Company in September 2009 and which
will be accounted for as cost or equity method investments in future
periods. The high end of the Company's previous guidance for the
continuing operations was $47 million for the third quarter of 2009.
The full report is available at www.chartpoppers.com
Chartpoppers.com is a market research and investment commentary provider. Chartpoppers.com aims to bring undervalued, up and coming companies into the sight of both experienced and non-experienced investors. We try to help investors, at whatever stage in their careers, to get a grasp on the necessary financial data that they need in order to make a educated investment decision. From our daily trading ideas to a in depth coverage of whatÂ’s going on in the markets, we are sure that chartpoppers.com is exactly what you need in order succeed.
For More information please visit us at www.chartpoppers.com
Chartpoppers.com Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. ChartPoppers.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
CHARTPOPPERS.COM
Paul Marek
6047245332
info@chartpoppers.com
|
|
|
Real Estate News by Sector
|
|
|
|