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Hemisphere Media Group Inc (HMTV.OQ)

HMTV.OQ on NASDAQ Stock Exchange Global Market

11.70USD
8 Dec 2017
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$-0.05 (-0.43%)
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Latest Key Developments (Source: Significant Developments)

Hemisphere Media Group announces Q3 revenue of $32.2 mln
Tuesday, 7 Nov 2017 08:31am EST 

Nov 7 (Reuters) - Hemisphere Media Group Inc :Hemisphere Media Group announces third quarter 2017 financial results.Q3 revenue fell 3 percent to $32.2 million.Hemisphere Media Group Inc - ‍Expect that there will be a significant decrease in retransmission revenue in Puerto Rico for Q4​.Hemisphere Media Group Inc - ‍Following hurricanes, there was a steep decline in advertising revenue in Puerto Rico, which continues through today​.Hemisphere Media Group Inc - ‍Net revenues were $32.2 million for three months ended September 30, 2017, a decrease of 3%,.Hemisphere Media - ‍For both advertising & retransmission revenues in Puerto Rico, do not expect significant improvement until power restorations.Hemisphere Media Group Inc - ‍Net income was $0.7 million for three months ended September 30, 2017, a decrease of 84% ​.  Full Article

Hemisphere Media Group provides information regarding Hurricane Maria
Friday, 29 Sep 2017 08:56am EDT 

Sept 29 (Reuters) - Hemisphere Media Group Inc :Hemisphere Media Group provides information regarding Hurricane Maria.Hemisphere Media Group Inc - ‍as a result of extraordinary scope and power of Hurricane Maria, there has been disruption to our business in Puerto Rico​.Hemisphere Media Group-while there was ‍limited damage to co's studios and offices, one of co's three transmission towers was significantly damaged​.Hemisphere Media Group - as result of Hurricane Maria,uncertainty around timing of recovery in Puerto Rico, withdrawing FY 2017 adjusted EBITDA guidance​.  Full Article

Hemisphere Media Group reports Q2 revenue $35.2 million versus $35 million
Friday, 4 Aug 2017 08:35am EDT 

Aug 4 (Reuters) - Hemisphere Media Group Inc :Hemisphere Media Group announces second quarter 2017 financial results and affirms full-year guidance.Q2 revenue $35.2 million versus $35 million.Hemisphere Media Group Inc - affirms full-year adjusted EBITDA guidance.Hemisphere Media Group Inc - ‍advertising revenue decreased $2.1 million, or 12% in the quarter​.Hemisphere Media Group Inc - qtrly net income $ 5.18 million versus $5.03 million.Hemisphere Media Group sees funding requirements for strategic initiatives to be $35 million to $40 million in aggregate for year ending Dec 31, 2017​.Hemisphere Media Group Inc - ‍ previous funding requirements guidance did not include its investment in Remezcla made during Q2​.  Full Article

Remezcla announces $11 million series A round
Wednesday, 2 Aug 2017 12:35pm EDT 

Aug 2 (Reuters) - Remezcla::Remezcla announces $11 million series A round.Says ‍investment will go towards expansion of co's video production studios in Bushwick, Brooklyn​.  Full Article

Hemisphere Media Group announces $25 million share repurchase plan
Tuesday, 20 Jun 2017 04:05pm EDT 

June 20 (Reuters) - Hemisphere Media Group Inc :Hemisphere Media Group announces $25 million share repurchase plan.Board of directors has authorized repurchase of up to $25 million of company's class a common stock.  Full Article

Hemisphere Media Group Q1 revenue rises 7 pct
Monday, 8 May 2017 04:05pm EDT 

May 8 (Reuters) - Hemisphere Media Group Inc ::Hemisphere Media Group announces first quarter 2017 financial results and affirms full-year guidance.Q1 revenue rose 7 percent to $33.2 million.Hemisphere Media Group Inc - net income was $2.7 million for three months ended March 31, 2017, an increase of 2% as compared to comparable period in 2016.Hemisphere Media Group Inc - company affirms its forecast of mid to high single digit percentage increase in adjusted EBITDA for 2017.  Full Article

Hemisphere Media Q4 revenue rose 9 pct to $39.4 mln
Friday, 3 Mar 2017 08:54am EST 

Hemisphere Media Group Inc : Hemisphere Media Group announces fourth quarter and full year 2016 financial results . Q4 revenue rose 9 percent to $39.4 million . Hemisphere Media Group Inc - forecasting mid to high single digit percentage increase in adjusted EBITDA for 2017 . Hemisphere Media Group Inc says forecasting mid to high single digit percentage increase in adjusted EBITDA for 2017 . Hemisphere Media Group Inc- forecasting mid to high single digit percentage increase in adjusted EBITDA for 2017 . Hemisphere Media Group - expects funding requirements for both joint ventures will be $30.0 to $35.0 million in aggregate for year ending December 31, 2017 . Hemisphere Media Group Inc qtrly net income $5.9 million versus $4.9 million .Hemisphere Media Group Inc - joint venture opportunity with Canal Uno in Colombia to launch a national broadcast network.  Full Article

Hemisphere Media says Cinelatino launced in Mexico
Friday, 3 Feb 2017 09:26am EST 

Hemisphere Media Group Inc :Hemisphere Media Group Inc says Cinelatino, and pasiones have launched during q4 on Megacable's systems in Mexico.  Full Article

Hemisphere Media to acquire concession license for Colombian national broadcaster Canal Uno
Wednesday, 30 Nov 2016 05:33pm EST 

Hemisphere Media Group Inc : Hemisphere Media to acquire concession license for Colombian national broadcaster Canal Uno . Cost of concession is approximately $35 million payable in Colombian pesos over a two-year period .Says partnership is expected to begin operating network on May 1, 2017.  Full Article

Hemisphere Media Q3 revenue up 5 pct to $33.1 mln
Friday, 4 Nov 2016 09:00am EDT 

Hemisphere Media Group Inc : Hemisphere Media Group announces third quarter 2016 financial results . Q3 revenue rose 5 percent to $33.1 million . Says adjusted EBITDA was $15.1 million for three months ended September 30, 2016, an increase of 10 percent . Affirms its forecast of a low double-digit percentage increase in adjusted ebitda for 2016 .On-Track to achieve full-year adjusted EBITDA guidance.  Full Article