Outdoor Channel Holdings Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company's total revenues amounted to $23.6 million compared with $15.0 million in the corresponding period a year ago. The company reported an increase in total revenues of 58% for the quarter due largely to the acquisition of Winnercomm Inc. The company posted a net income of $1.4 million, or $0.05 per diluted share, for the quarter, compared with net income of $2.4 million, or $0.09 per diluted share, in the prior-year period. Earnings before interest, taxes, depreciation and amortization (EBITDA), adjusted for the effects of share-based compensation expense and acquisition and integration costs, amounted to $4.2 million for the quarter, compared with $5.4 million in the prior-year period. Income from operations was $2.0 million compared with $3.7 million for the same period a year ago. Income from operations before income taxes was $2.0 million compared with income from operations of $4.2 million for the same period a year ago. Net cash provided by operating activities was $4.9 million compared with $3.9 million for the same period a year ago. The company reported purchases of property, plant and equipment of $0.71 million compared with $0.2 million for the same period a year ago. EBITDA was $3.0 million compared with $4.4 million for the same period a year ago. For the nine months, the company's total revenues were $59.8 million, compared with $39.7 million in the corresponding period a year ago. The company posted a net loss of $0.9 million, or $0.04 per diluted share compared to a net income of $1.9 million, or $0.07 for the prior-year period. Earnings before interest, taxes, depreciation and amortization (EBITDA), adjusted for the effects of share-based compensation expense and acquisition and integration costs, totaled $5.3 million compared to $7.0 million in the prior-year period. Loss from operations was $1.6 million compared with income from operations of $2.4 million for the same period a year ago. Loss from operations before income taxes was $1.6 million compared with income from operations of $3.8 million for the same period a year ago. Net cash provided by operating activities was $2.9 million compared with $8.5 million for the same period a year ago. The company reported purchases of property, plant and equipment of $2.1 million compared with $0.64 million for the same period a year ago. EBITDA was $1.3 million compared with $4.3 million for the same period a year ago.

Outdoor Channel Holdings, Inc. expected to Report Fiscal Year 2009 Results on February 22, 2010. This event was calculated by Capital IQ (Created on November 3, 2009).

Outdoor Channel Holdings, Inc., Q3 2009 Earnings Call, Nov-03 2009