GateHouse revenues increase 90 percent

GateHouse Media's first quarter revenues were up 90 percent over 2006, according to a company news release issued today:

GateHouse Media, Inc.
(the "Company" or "GateHouse Media") (NYSE: GHS) today reported financial results for the quarter ended March 31, 2007.
The Company recorded revenues of $95.0 million, operating income of $2.1 million, net loss of $5.3 million and As Adjusted EBITDA of $15.5 million for the first quarter ended March 31, 2007. Reported revenues did not include $1.6 million from the Company's directories business in the first quarter due to purchase accounting requirements. With this additional $1.6 million of revenue comparable revenues in the first quarter were $96.6 million. In addition, at one of the Company's business units an accounting change was made to record circulation revenues on a net basis rather than gross. The impact of this was a reduction to revenue of approximately $0.6 million with no impact on EBITDA. On a comparable basis including these two items, first quarter revenues were $97.2 million.