ten holdings reports q3 earnings and updates m

No real surprises plus six percent increase in revenue yet the market dives??? oh well best buy some more(:-)

13 June 2008
TEN Holdings Q3 Earnings
Ten Network Holdings Limited (Ten Holdings) today reported consolidated revenue of $250.2 million
and consolidated earnings before interest, taxation, depreciation and amortisation (EBITDA) of
$38.2 million for third quarter of 2008. These results represent a 6 per cent increase in revenue and
a 29 per cent increase in EBITDA on the prior corresponding period.
For the three months to 31 May 2008, revenue from the company’s television division, Network Ten
(TEN), rose 6 per cent on the prior corresponding period, while EBITDA increased by 20 per cent on
the prior corresponding period.
EYE, the company’s out-of-home advertising division, achieved strong revenue growth in media
sales on the prior corresponding period and was profitable with modest EBITDA growth on the prior
corresponding period.