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Univision Reports Higher Second-Quarter Net Income

Overall revenue down 4.4% 8/03/2017 9:29 AM Eastern

Second-quarter profit rose at Univision Communications as costs for sports and news coverage declined, the company said.

Net income rose 42% to $106.1 million from $74.7 million a year ago. This year’s net income includes a $16.6 million gain from the sale of a station in 2014. A year ago, the company took a $16.3 million charge to extinguish debt.

Revenue fell 4.4% to $764.9 million.

Read more at broadcastingcable.com.

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