RHI Entertainment Inc.’s net income more than tripled in the third quarter to $ 1.3 million (19 cents), compared to the same period last year.
Revenues for the telefilm producer increased nearly fourfold to $ 21.3 million from the comparable quarter.
During the period, RHI delivered two productions, plus a one-hour pilot, to CBS. The company said it has a record number of projects in production.
The stock closed unchanged at $ 12 per share, after moving up 25 cents during the day.