Earnings: Buongiorno’s Profits Up 9 Percent; Revenues Flat

Buongiorno, the Italy-headquartered mobile content biggie, has reported its Q407 earnings, and has profits of Euro 46 million, up about 9 percent from Q406; revenues remained the same compared to the year-ago quarter. Pro-forma revenues including iTouch for Q4 2007 amounted to Euro 83.8 million and EBITDA to Euro 12.7 million.

The company purchased the majority stake of Llama TV in Spain and the minority stake of Ostrich Media, both in SMS-TV category, and already owned by iTouch. The full earnings report is here (PDF link)

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