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Article: GateHouse Media Announces Full Year & Fourth Quarter Results, First Quarter 2008 Dividend and Stock Repurchase Program.
- Article from:
- PR Newswire
- Article date:
- March 14, 2008
CopyrightCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Full Year and Fourth Quarter 2007 Highlights
- Successful execution of our business strategy resulted in record revenues for the full year and fourth quarter. Total revenues increased 87.0% to $588.9 million for full year 2007 compared to full year 2006. As Adjusted Revenues increased 94.2% to $611.6 million for full year 2007 and 81.0% to $177.1 million for the fourth quarter 2007.
- Full year and fourth quarter same store As Adjusted Revenues, while down slightly, significantly outperformed the industry.
- As Adjusted EBITDA rose sharply to $141.0 million for full year 2007, up 105.2% compared to full year 2006, while As Adjusted EBITDA ...