New Frontier Media Remains Too Cheap to Ignore
Adam Sues submits:New Frontier Media Inc (NOOF) reported fiscal second quarter earnings last week [see call transcript], showing continued pressure on the business segments as the company discloses additional (although much lower) impairment charges. Quarterly Results NOOF’s second quarter revenues were relatively flat, falling to $11.2m compared to $11.4m in the prior year quarter. Overall, international revenues were up 41% during the first six months of the year while the domestic market fell 6%.Complete Story »
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