Hemisphere Media Group Announces First Quarter 2020 Financial Results

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Hemisphere Media (HMTV) Reports Q1 Revenues Miss

May 11, 2020 7:14 AM EDT

Hemisphere Media (NASDAQ: HMTV) reported Q1 revenue for the quarter came in at $32.4 million versus the consensus estimate of $35.7 million.

President and Chief Executive Officer of Hemisphere, Alan Sokol, said, "Since the onset of the global pandemic, we have prioritized protecting the health and safety of our employees, working closely with our distribution and advertising partners, identifying and implementing cost-savings measures, and, critically, providing the most comprehensive, continuous and relevant news and information for our audiences in Puerto Rico and for Spanish-speakers here in the continental U.S.

During the first quarter,... More