Univision 4Q Rev Grows On Subscriber Fees
U.S. Hispanic media giant Univision Communications unveiled a profit Tuesday for the fourth quarter of 2015, signaling better prospects for an IPO bid it filed last summer. In an earnings conference call led by CEO Randy Falco and CFO Francisco Lopez-Balboa, the company disclosed a 4Q revenue rise of 1.1% to $735.9 million compared to the same time frame in 2014. Total revenue for the full year dipped 1.8% $2.86 billion compared to $2.91 billion a year earlier.
This article was originally posted on variety.com
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