Central European Media Q3 Loss Reduces - Quick Facts

(RTTNews) - Central European Media Enterprises Ltd. or CME (CETV) reported a narrower third-quarter 2013 net loss of $23.3 million, compared with a $32.64 million loss last year. On a per share basis, loss attributable to CME for the three months totaled $0.16, narrower than the prior-year quarter's loss of $0.36.

Compared with last year, pre-tax loss for the period also reduced to $25.25 million, from a $33.26 million loss.

Net revenues for the third quarter were $135.84 million, down compared with $140.1 million reported a year earlier. Commenting on the future, the company said its revised full-year outlook is for revenue between $640 million and $650 million.