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Article: Debut Broadcasting Reports Second Quarter Results: Year over Year Net Revenue up 446 Percent.(Financial report)
- Article from:
- Business Wire
- Article date:
- August 20, 2008
CopyrightCOPYRIGHT 2008 Business Wire. 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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NASHVILLE, Tenn. -- Debut Broadcasting Corporation Inc. (OTCBB: DBTB), a media and entertainment company, today announced its results for its 2008 second quarter (ended June 30).
Debut Broadcasting[TM] generated net revenue of $726,438, an increase of $725,831 compared to net revenue of $607 for the quarter ended June 30, 2007. As a result of the increased seasonal expenses, Debut's overall loss for the three-month period ending June 30, 2008 was $263,285, compared to $602,274 at the end of the 2007 second quarter. The second quarter 2008 loss was flat when compared on a quarter-by-quarter basis to the first quarter 2008; however, the 2008 second quarter loss ...