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Technology Stocks : Metromedia International Group (MMG) Looking for Opinions -- Ignore unavailable to you. Want to Upgrade?


To: leigh aulper who wrote (294)8/16/1999 12:10:00 PM
From: Elayne Shochet Tatar  Read Replies (1) | Respond to of 353
 
here's the Wall Street Journal report on quarterly:

Metromedia International Group Inc.
Dow Jones Newswires -- August 16, 1999
DJ Metromedia Intl 2Q Loss 22c/Shr vs Loss Cont Ops 38c

Metromedia International Group Inc. - New York
2nd Quar June 30:
1999 1998
Revenues $65,005,000 $74,239,000
Inc cont op a (11,607,000) b (22,189,000)
Inc dis op .... c 5,267,000
Net income (11,607,000) (16,922,000)
Avg shrs (basic) 69,151,000 69,046,000
Shr earns (basic)
Inc cont op a (.22) b (.38)
Inc dis op .... c .08
Net income (.22) (.30)

Figures in parentheses are losses.

a. Includes a foreign currency loss of $2.3 million.

b. Includes a foreign currency gain of $224,000.

c. Gain on sale of the company's Landmark Theatre Group unit.

Metromedia International Group Inc. - New York
6 Months June 30:
1999 1998
Revenues $132,647,000 $134,458,000
Inc cont op d (22,877,000) e (45,152,000)
Inc dis op .... c 5,267,000
Net income (22,877,000) (39,885,000)
Avg shrs (basic) 69,137,000 68,810,000
Shr earns (basic)
Inc cont op d (.44) e (.77)
Inc dis op .... c .08
Net income (.44) (.69)

Figures in parentheses are losses.

c. Gain on sale of the company's Landmark Theatre Group unit.

d. Includes a foreign currency loss of $2.8 million.

e. Includes a foreign currency gain of $321,000.

Metromedia International Group Inc. (MMG) is a global communications and media company.

- In Kyung Kim; 201-938-5400


Copyright ¸ 1999 Dow Jones & Company, Inc. All Rights Reserved.