Mexican broadcaster Televisa flips to profit in second quarter
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FILE PHOTO: The logo of broadcaster Televisa is seen outside its headquarters in Mexico City, Mexico, June 15, 2024. REUTERS/Raquel Cunha/File Photo
MEXICO CITY (Reuters) -Mexican broadcaster Televisa on Tuesday reported a net profit of 474.5 million pesos ($25.3 million) for the second quarter, landing in the black after logging a 25.6 million peso loss in the year-ago period.
Revenues slid 6%, meanwhile, to 14.73 billion pesos, in line with the estimate from analysts polled by LSEG.
($1 = 18.7654 pesos at end-June)
(Reporting by Kylie Madry; Editing by Sarah Morland)
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