Mexican broadcaster Televisa flips to profit in second quarter

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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