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Astral Media Inc.

03:48 PM EST - Astral Media Inc. : reported solid financial results for the quarter ended November 30, 2010, Consolidated revenues totaled $267.1 million for the first quarter, an increase of 7% over the $250.7 million recorded last year for the same period. EBITDA for the first three months increased by 5% to $89.3 million from $85.3 million for the same quarter last year. Consolidated net earnings for the first three months of Fiscal 2011 increased by 11% over last year, rising to $53.3 million ($0.94 per share) from $48.2 million ($0.86 per share last year). Astral Media Inc. shares T.ACM.A are trading down $0.51 at $40.88.