Beijing-based airport and in-flight digital screen advertiser AirMedia Group Inc. (Nasdaq: AMCN) reported 2007 fourth quarter and full-year results after market close on Monday. Total revenues increased 164 percent year-on-year and 53 percent quarter-on-quarter to $16.3 million. Net income was up 273 percent year-on-year to $6.1 million. For full-year 2007, AirMedia recorded $43.6 million in total revenues, up 131 percent year-on-year and a $5.1 million net loss, compared to net income of $4.1 million in 2006. AirMedia expects first quarter 2008 revenue to grow between 131 percent and 155 percent year-on-year to $19 million to $21 million.