THE VIRGINIAN-PILOT
Copyright (c) 1994, Landmark Communications, Inc.
DATE: Tuesday, August 16, 1994 TAG: 9408160382
SECTION: BUSINESS PAGE: D2 EDITION: FINAL
SOURCE: (Staff)
LENGTH: Short : 24 lines
International Family Entertainment Inc., parent of The Family Channel, said Monday that revenues for the second quarter, which ended June 30, 1994, were $51.6 million, a 17.6 percent increase over $43.9 million for the second quarter of 1993. Net income was $1.9 million, or 4 cents per share, for the latest quarter compared with $5.3 million, or 15 cents per share, for the same prior-year period. For the first six months of 1994, revenues rose 20.5 percent to $104.9 million from $87.1 million for the first six months of 1993. Net income was $4.5 million, or 10 cents per share, for the latest six-month period vs. $12.7 million, or 36 cents per share, for the comparable period in 1993. by CNB