DALLAS, June 21, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring VisionChina Media Inc. (Nasdaq:VISN). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: www.microstockprofit.com/lp/VISN
VisionChina Media Inc. (VISN) operates one of China's largest out-of-home digital mobile TV advertising networks, based on number of displays, using mobile digital television broadcasts to deliver content and advertising to displays on mass transportation systems. The Company's network delivers real-time broadcasting, including news, stock quotes, weather and traffic updates, sports highlights and entertainment programs mixed with advertisements. As of March 31, 2010, VISN's advertising network included 123,592 digital television displays on mass transportation systems in 23 of China's economically prosperous cities, including Beijing, Shanghai, Guangzhou and Shenzhen. The Company sells its advertising time through direct sales force and third party advertising agencies.
Message Board Search for VISN: http://www.boardcentral.com/boards/VISN
In the report, the analyst notes:
"VISN reported a drop in its first-quarter earnings amid a number of factors that negatively impacted the Company's results. Nevertheless, CEO Limin Li said that the Company is encouraged by the outlook for the second quarter of 2010 and confident that those challenges are largely behind the Company.
"For the second quarter of 2010, the Company estimates total revenues, which consist of advertising service revenues only, to be no less than $29.5 million. It expects its second quarter 2010 net loss excluding share based compensation expenses and amortization of intangible assets (non-GAAP) to be no more than $6.8 million."
To read the entire report visit: www.microstockprofit.com/lp/VISN
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