BATON EARNINGS UP
By Adnews Staff
Toronto-based Baton Broadcasting Inc. has reported increases in earnings and revenues for the three months ending May 31. Net income increased to $5.8 million from $3.4 million. This figure reflects a $1-million charge for re-organization costs. Revenues for the quarter increased from $70.4 million to $75.2 million. For the nine months ending May 31, net income was $6.3 million, compared to $5.8 million in 1994. Revenues for the nine month period increased to $207.7 million from $196 million.
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