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Hemisphere Media Group Inc (HMTV.OQ)

HMTV.OQ on NASDAQ Stock Exchange Global Market

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17 Jan 2019
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Latest Key Developments (Source: Significant Developments)

Hemisphere Media Group Q3 Revenue Rose 16 Pct To $37.2 Mln
Monday, 5 Nov 2018 04:05pm EST 

Nov 5 (Reuters) - Hemisphere Media Group Inc ::HEMISPHERE MEDIA GROUP ANNOUNCES THIRD QUARTER 2018 FINANCIAL RESULTS.Q3 REVENUE ROSE 16 PERCENT TO $37.2 MILLION.AFFIRMS ITS FORECAST OF MID-TEEN PERCENTAGE GROWTH IN ADJUSTED EBITDA FOR FULL YEAR 2018.QTRLY NET LOSS WAS $1.1 MILLION COMPARED TO NET INCOME OF $0.7 MILLION.  Full Article

Hemisphere Media Group Reports Q4 Revenue $24 Mln Versus $39.4 Mln
Monday, 5 Mar 2018 08:30am EST 

March 5 (Reuters) - Hemisphere Media Group Inc ::HEMISPHERE MEDIA GROUP ANNOUNCES FOURTH QUARTER AND FULL YEAR 2017 FINANCIAL RESULTS.Q4 REVENUE $24 MILLION VERSUS $39.4 MILLION.OVERALL RESULTS WERE SIGNIFICANTLY IMPACTED BY DISRUPTION TO PUERTO RICO BUSINESS CAUSED BY HURRICANE MARIA.HEMISPHERE MEDIA GROUP-NET LOSS WAS $22.0 MILLION FOR THREE MONTHS ENDED DEC 31, 2017, AS COMPARED TO NET INCOME OF $5.9 MILLION IN COMPARABLE PERIOD IN 2016.  Full Article

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