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Media General Reports 1.5% Rise In July Revenues - Update
(RealTimeTraders.com) - On Tuesday, independent communications company, Media General Inc. (MEG) reported a 1.5% rise in revenues for July 2003.
The company reported net revenues for July 2003 of $73.2 million, up from $72.2 million during the same month last year. While the publishing revenues and Interactive media revenues reported a 4.4% and 31.3% growth during July 2003, revenues from Broadcasting reduced by 5.1%.
Year-to-date, the company reported a 0.9% rise in revenues to $482.6 million from $478.5 million during the same period last year.
The stock is currently trading at $58.57, down 20 cents on a volume of 25,800 shares.
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