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Posted on: August 8th, 2006
Filed Under: [ Business ] [ Hispanic News ]
“Second quarter revenue growth hit 10 percent at Spanish Broadcasting System, as profits increased more than 20 times.
The Coconut Grove-based radio and television broadcaster said it earned $2.43 million, or no earnings per share, on revenue of $48.84 million for the period. For the second quarter last year, Spanish Broadcasting System (NASDAQ: SBSA) said it earned $121,000, or a 3-cents-a-share loss, on revenue of $44.57 million.”
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