New Frontier in the Black

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New Frontier Media Inc. said Thursday that its net income for its fiscal second quarter was $2.8 million, or 14 cents per share, versus a net loss of $1 million (5 cents) in the year-ago quarter.

Revenue for the period ended Sept. 30 was $10.9 million, up 17% from $9.3 million in the same period last year.

EBITDA (earnings before interest, taxes, depreciation and non-content related amortization) was $3.8 million versus $200,000 for the quarter ended Sept. 30, 2002.

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