ACME Communications Inc. reported a first-quarter revenue gain of 33 percent
to $10 million with an operating loss of $2.4 million, a 14 percent improvement
over the $2.8 million operating loss sustained in the first quarter of 2002.
"While our station-development strategy is well on track, the strength of our
second-quarter and full-year results will depend on improving general economic
conditions," CEO Jamie Kellner said.