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In Q4 2008, XFMedia's net revenues reached USD 49.4 million, climbing 2% from USD 48.5 million in Q4 2007 and slipping 3% from USD 51.1 million in Q3 2008.
Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) dropped 47% year on year and 45% quarter on quarter to USD 5.2 million. Adjusted net profit (non-GAAP) fell 61% year on year and 55% quarter on quarter to USD 3.3 million.
In the full year 2008, the Nasdaq-listed company incurred a net loss (including one-time items) of USD 274.9 million. Net revenues amounted to USD 186 million. Adjusted EBITDA inched up 4% to USD 28.4 million and adjusted net profit (non-GAAP) decreased 32% to USD 19.8 million, compared with USD 29.1 million in the previous year.
Source: www.163.com (February 24, 2009)
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