VisionChina Media Inc. Announces Second Quarter 2010 Results
Total revenues grow 36% sequentially to $31.8 million, exceeding previously provided guidance
Non-GAAP net loss narrowed to US$2.3 million, compared to a non-GAAP net loss of US$8.1 million in the first quarter of 2010
Non-recurring, non-cash impairment charge taken for certain acquired assets
PR Newswire -- July 27, 2010
BEIJING, July 27 /PRNewswire-Asia/ -- VisionChina Media Inc. ("VisionChina Media" or the "Company") (Nasdaq: VISN), one of China's largest out-of-home digital television advertising networks on mass transportation systems, today announced its unaudited financial results for the second quarter ended June 30, 2010.
Key Quarterly Financial and Operating Data for the Second Quarter of 2010
Total revenues grow 36% sequentially to $31.8 million, exceeding previously provided guidance
Non-GAAP net loss narrowed to US$2.3 million, compared to a non-GAAP net loss of US$8.1 million in the first quarter of 2010
Non-recurring, non-cash impairment charge taken for certain acquired assets
PR Newswire -- July 27, 2010
BEIJING, July 27 /PRNewswire-Asia/ -- VisionChina Media Inc. ("VisionChina Media" or the "Company") (Nasdaq: VISN), one of China's largest out-of-home digital television advertising networks on mass transportation systems, today announced its unaudited financial results for the second quarter ended June 30, 2010.
Key Quarterly Financial and Operating Data for the Second Quarter of 2010
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