BNN Corp. announces earnings for first quarter.NEW YORK--(BUSINESS WIRE)--May 13, 1997--BNN Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on BB:BNND) reported $381,482 in pretax profits for the quarter ended March 31, 1997, compared with a loss of $128,700 for the same period in the prior fiscal year. On a net income basis, the results for the quarter were a profit of $201,082 compared to a loss in the prior fiscal year of $128,700. Net revenue for the first quarter ended March 31, 1997, which excludes agency fees and media costs, totaled $1,216,581, compared with net revenues of $123,074 in the comparable three month period for fiscal 1996. Although not reported as revenue, Seagull seagull a noisy, gregarious bird that frequents the seashore. Web-footed, hook-billed, white with gray wings. Member of the family Laridae and of the genus Larus. Entertainment generated $867,700 in equity income for the quarter ended March 31, 1997 from its participation in a 50% owned venture that produces, distributes and licenses the syndicated series "Tarzan, The Epic Adventures." BNN BNN Boston Neighborhood Network BNN Boundary Network Node (IBM) BNN Back-Propagation Neural Network BNN Biological Neural Network BNN Bart's Neverending Network (public-service TV network in The Netherlands) Corp. (NASDAQ Bulletin Board:BNND) is a vertically integrated sports and entertainment marketing company with offices in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Los Angeles, Miami and Detroit. Kaleidoscope Media Group's operating companies are Kaleidoscope Sports and Entertainment L.L.C. (sports), Seagull Entertainment, Hollywood Connections (direct marketing), and Kaleidoscope Consulting. Current KMG KMG Kerr-McGee KMG Koi Mil Gaya (Hindi movie) KMG Kunming, China - Kunming (Airport Code) KMG Kent Messenger Group (UK) sports properties include golf, tennis, boxing and football. KMG produces internationally recognized television programs, including "Tarzan" (series), "Team Xtreme" (series) and "Merlin." CONTACT: KMG Henry Siegel, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. 212/779-6601 |
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