July 7 (Reuters) - Postmedia Network Canada Corp PNCa.TO :
* Postmedia reports third quarter results
* Revenue for quarter was $194.0 million as compared with $218.3 million in prior year
* To continue identify, undertake ongoing cost reduction initiatives in effort to address revenue declination in legacy print business
* Qtrly earnings per share $0.14
* All dollar amounts are expressed in Canadian dollars
* During 3 & 9 month ended May 31, implemented initiatives expected to result in $14 million & $75 million net annualized cost savings Source text for Eikon: ID:nBw8YX7Mpa Further company coverage: PNCa.TO