US media loses for the first time

American media (NASDAQ:AMCN) has seen its first quarterly net loss since its listing.　　A quarterly bulletin showed a net loss of $1.3 million. The first quarter of the U.S. total media revenue for 32.8 million U.S. dollars, an increase of 51.8%, the chain down 19%.　　Source of revenue, the first quarter of 2009 Air U.S. media Airport digital Brush screen revenue of 12 million U.S. dollars, an increase of 79.7%, the airport's traditional media revenue of 3.99 million U.S. dollars, accounting for about 12.2% of the total quarterly income. Guo Man, chairman and chief executive officer of the Media board, said that the new traditional media resources are still in the construction and transformation phase, the income contribution of the new contract will lag one or two quarters.　　At the same time, the impact of the financial crisis so many enterprises to reduce the advertising budget, leading to the IPO since the first appearance of net deficit phenomenon. Guo Man said that the sale of new resources in traditional media has officially started in the two quarter, and the contribution to aviation beauty is likely to emerge from the second half of the year. The company expects the total revenue for the second quarter of fiscal year 2009 to be 36 million U.S. dollars to 38 million U.S. dollars, an increase of 20.9% to 27.6%. (Zhou Ting)