分众 第二季度报告.docVIP

Focus Media Reports Second Quarter 2008 Results SHANGHAI, China, Aug. 17 /PRNewswire-FirstCall/ -- Focus Media Holding Limited (Nasdaq: FMCN), Chinas leading multi-platform digital media company, today announced its unaudited financial results for the second quarter ended June 30, 2008. Highlights for second quarter 2008: -- Total revenues grew 106.8% year-over-year and 31.1% quarter-over- quarter to $211.7 million. -- GAAP net income for the second quarter was $36.1 million or $0.28 per fully diluted ADS. -- Focus Media provides gross margin, operating margin, net income and earnings per ADS on a non-GAAP basis that exclude non-cash share-based compensation expense, acquired intangible assets amortization expense and one-time items to enable investors to better assess the Companys operating performance. The non-GAAP measures are described below and reconciled to the corresponding GAAP measure in the section below titled Use of non-GAAP Financial Measures. Net income excluding non- cash share-based compensation expenses, amortization of acquired intangible assets resulting from acquisitions and one-time charges relating to our discontinued operations (non-GAAP) for the second quarter was $57.5 million or $0.44 per fully diluted ADS, exceeding company guidance of $54 million to $55 million. -- In the second quarter of 2008, digital out-of-home advertising revenue was $135.4 million, up 76.2% year-over-year and 24.4% quarter-over- quarter. -- Advertising service revenue from our commercial location network, grew 58.9% year-over-year and 29.9% quarter-over-quarter to $81.1 million. -- Advertising service revenue from our in-store network, including revenues from CGEN Digital Media Company Limited (CGEN), was $17.0 million, an increase of 135.0% year-over-year and a slight d