Univision Networks Ad Revenue Rises 7 Percent

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Spanish-language media giant Univision Communications, which late last year sold a majority stake to an investor group led by former Viacom CFO Wade Davis and recently agreed to a merger with Mexic…

is continuing to gain momentum,” Davis argued. “Univision’s underlying business is optimizing as evidenced by the strong growth in advertising revenue” and other trends.

he company posted a first-quarter profit of $66.0 million, compared with a year-ago profit of $11.7 million. Adjusted operating income before depreciation and amortization , another profitability metric, was nearly unchanged at $252.1 million.

 

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