Hemisphere Media Group Announces First Quarter 2021 Financial Results
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Hemisphere Media (HMTV) Reports Q1 Revenues Above Consensus
May 5, 2021 8:11 AM EDTHemisphere Media (NASDAQ: HMTV) reported Q1 EPS of $. Revenue for the quarter came in at $37.58 million versus the consensus estimate of $36.65 million.
President and Chief Executive Officer of Hemisphere, Alan Sokol, said, "We delivered yet another exceptional quarter. Following impressive results in the third and fourth quarters of 2020, our momentum continued into the first quarter of 2021 as we posted a robust 16% increase in net revenues, including a 35% increase in advertising revenue. This strong revenue growth drove a 37% increase in... More
