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Media and branding company Acorn International (ATV +4.5%) rallies after its Q3 results beat...

Media and branding company Acorn International (ATV +4.5%) rallies after its Q3 results beat estimates on strong performance from its direct sales unit. Net revenue increase 18% Y/Y as top line growth was boosted by a 520 basis point increase in gross margin to 42.0% from 36.8%.
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