[NASDAQ:GNET] GLOBAL TRAFFIC NETWORK, INC. > 8.29
Global Traffic Network, Inc., through its subsidiaries, provides customized traffic and news reports to radio and television stations. The company, through Australia Traffic Network Pty Limited, offers customized traffic and news reports to radio stations, customized traffic reports, and video services to television stations in Australia. As of June 30, 2007, it delivered traffic information reports to 72 radio stations, news reporting services to 22 radio stations, and traffic reports and/or video services to 14 television stations. The company, through Canadian Traffic Network ULC, provides customized traffic reports to radio stations in Canada. As of above date, it provided traffic and/or news information reports to 73 radio stations and 3 television stations. Global Traffic Network also sells commercial airtime inventory to advertisers.
Tuesday February 12, 7:30 am ET Global Traffic Network, Inc. Reports Fiscal Second Quarter 2008 Operating Results Record net income of $1.1 million for fiscal second quarter 2008 Revenue up 61% from previous fiscal second quarter biz.yahoo.com
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