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BtoB

Penton second-quarter revenue up 8.7%

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Cleveland—Penton Media late Monday posted second-quarter revenue of $47.6 million, up 8.7% from a year earlier. The media company reported a net loss of $3.7 million, compared with a net loss of $5.8 million in last year’s second quarter. Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) totaled $8.2 million, up 20.5% from $6.8 million.

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