CTC Media announced an increase of 106 percent in Q3 profit, as the company earned high revenues from advertising. The net income for the quarter was $17.4 million, or $0.11 per share, compared to $8.44 million, or $0.05 per share last year. The revenue was $94.08 million; an increase of 33 percent from $70.92 million last year. However, the company lowered its 2007 revenue outlook to $460-480 million, compared to previously announced $460-500 million.