CTC Media has the Highest Gross Margin in the Broadcasting Industry

story by Smartrend
written by Chip Brian

Below are the top five companies in the Broadcasting industry as ranked by gross margin. Gross Margin tells you how many of your sales dollars are profit. If efficiency is improved, more profits will result.

CTC Media (NASDAQ:CTCM) has gross margin of 91%, a sales growth of 14.6%, and trailing 12 months sales of $541.1 million.

Sinclair Broadcast Group (NASDAQ:SBGI) has gross margin of 79.2%, a sales growth of 17.2%, and trailing 12 months sales of $698.6 million.

Radio One (NASDAQ:ROIA) has gross margin of 74.3%, a sales growth of 7.6%, and trailing 12 months sales of $277 million.

Radio One (NASDAQ:ROIAK) has gross margin of 74.3%, a sales growth of 7.6%, and trailing 12 months sales of $277 million.

Nexstar Broadcasting Group (NASDAQ:NXST) has gross margin of 73.7%, a sales growth of 19.9%, and trailing 12 months sales of $277.5 million.

SmarTrend is bullish on shares of CTCM and our subscribers were alerted to Buy on June 03, 2010 at $15.28. The stock has risen 53.5% since the alert was issued.