Revenue Up For SBS In Q2 As Expenses Cut Into Profit


MIAMI — We’re more than halfway through the third quarter of 2023, but that doesn’t mean every look back at the second quarter of this year, from a financial perspective, is complete.

For Spanish Broadcasting System (SBS), the Hispanic multimedia company ready to refocus exclusively on its digital and audio assets released its Q2 2023 financial results late Monday.

How did SBS do? Net revenue climbed 1%, but a rise in expenses negated the ability to generate a profit.


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