CAM Media S.A. reported consolidated earnings results for the first quarter ended March 31, 2012. For the quarter, the company reported net loss from continued activity of PLN 1,285,956.86 or PLN 0.18 per basic and diluted share compared to PLN 2,138,931.75 or PLN 0.29 per basic and diluted share last year. Net loss was PLN 1,285,956.86 or PLN 0.18 per basic and diluted share compared to PLN 2,138,931.75 or PLN 0.29 per basic and diluted share last year. Revenues from sales were PLN 5,994,402.32 against PLN 8,155,649.17 a year ago. Cash flow from operations was PLN 1,461,462.28 compared to PLN 270,539.86 last year. Acquisition of financial assets was PLN 157,500.00 compared to PLN 9,178.52 last year. Acquisition of intangible assets was PLN 792,230.12 compared to PLN 15,229.59 last year.