Hemisphere Media Group Announces Third Quarter 2020 Financial Results

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Hemisphere Media (HMTV) Reports Q3 Revenues Beat

November 9, 2020 8:05 AM EST

Hemisphere Media (NASDAQ: HMTV) reported Q3 revenue for the quarter came in at $37.17 million versus the consensus estimate of $35.7 million.

President and Chief Executive Officer of Hemisphere, Alan Sokol, said, "I am proud of our performance in the third quarter, especially given the headwinds we faced due to the pandemic. We delivered an impressive 27% increase in advertising revenue, a trend that we have continued into the fourth quarter, reaching an all-time historic high in advertising... More