BRIEF-Postmedia Reports First Quarter Results By Reuters

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BRIEF-Postmedia Reports First Quarter Results

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BRIEF-Postmedia Reports First Quarter Results

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Postmedia Network Canada Corp PNCa.TO :

* POSTMEDIA REPORTS FIRST QUARTER RESULTS

* POSTMEDIA NETWORK CANADA CORP - REVENUE FOR QUARTER WAS $156.7 MILLION AS COMPARED TO $171.3 MILLION IN SAME PERIOD IN PRIOR YEAR

* POSTMEDIA NETWORK CANADA CORP - INTENDS TO CONTINUE TO IDENTIFY AND UNDERTAKE ONGOING COST REDUCTION INITIATIVES

* POSTMEDIA NETWORK CANADA CORP QTRLY LOSS PER SHARE $0.03

* POSTMEDIA NETWORK CANADA CORP - EXPECT TO ADDRESS REVENUE DECLINATION IN THE LEGACY PRINT BUSINESS

* POSTMEDIA NETWORK CANADA - REVENUE DECLINE WAS PRIMARILY DUE TO DECREASES IN PRINT ADVERTISING REVENUE OF $12.9 MILLION & PRINT CIRCULATION REVENUE OF $3.1 MILLION

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BRIEF-Postmedia Reports First Quarter Results

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