Under Adsence for Content in your reports it says this: Page eCPM [?] Click the little [?] and you'll get this: [SIZE=-0] Effective CPM [/SIZE] From a publisher's perspective, the effective cost-per-thousand impressions (eCPM) is a useful way to compare revenue across different channels and advertising programs. It is calculated by dividing total earnings by the number of impressions in thousands. For example, if a publisher earned $180 from 45,000 impressions, the eCPM would equal $180/45, or $4.00. However, please keep in mind that eCPM is a reporting feature that does not represent the actual amount paid to a publisher. Though currently it does seem there is a slight reporting issue overall, and I am unsure if it effects eCPM.