Hemisphere Media Group Announces Third Quarter 2019 Financial Results

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Hemisphere Media (HMTV) Reports Q3 Revenues Miss

November 5, 2019 8:49 AM EST

Hemisphere Media (NASDAQ: HMTV) reported Q3 EPS of $. Revenue for the quarter came in at $35.8 million versus the consensus estimate of $40.65 million.

President and Chief Executive Officer of Hemisphere, Alan Sokol, said "During the quarter, our networks in the U.S. and Puerto Rico maintained and expanded on their leadership positions, as we continue to provide unique and fresh content for our fast-growing target audiences. We also continue to diversify our businesses by monetizing our valuable content with new licensing revenue streams and building a powerful streaming service for the Spanish-speaking world.... More