243 clearchanne

Clear Channel Communications reported a 7% increase in revenue to $1.8 billion for the third quarter of 2006 compared to the third quarter of 2005. Income before discontinued operations increased 8% to $185.9 million. Diluted earnings per share increased 19% to $0.38. OIBDAN, or operating income before depreciation and amortization, increased 10% to $595.4 million. Radio revenues increased 5% and outdoor advertising revenues increased 8%.