News

Pegasus Cash Flow Rises

2/28/2003 3:11 AM Eastern

Direct-broadcast satellite net revenue at rural satellite company Pegasus
Communications Corp. decreased by $2.2 million (1 percent) to $217.3 million in
the fourth quarter.

DBS EBITDA (earnings before interest, taxes, debt and amortization) increased
by $16.3 million (13 percent) to $53.9 million and DBS free cash flow increased
by $16.3 million (68 percent) to $40.2 million.

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