Earnings: Primedia Posts Q4 Losses


Primedia, the magazine publisher, fell to a loss in Q4 as higher expenses offset a small gain in revenue. The company posted a loss of $13.7 million from the year-ago quarter’s profit of $13.5 million. Revenue grew to $252.3 million from $243.3 million.

Reuters: For 2006, Primedia said it planned to focus on its Internet business, redesigns of print publications and managing costs after what CEO Dean Nelson described as a “difficult” 2005.

No revenue numbers on online businesses, but traffic numbers aplenty in the official release here.

Comments are closed.