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Article: Radio Unica Communications Corp. Announces First Quarter Results; Revenues Increase 18% for First Quarter.
- Article from:
- PR Newswire
- Article date:
- May 12, 2003
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-- First Quarter EBITDA Improves by 45%
MIAMI, May 12 /PRNewswire-FirstCall/ -- Radio Unica Communications Corp. (BULLETIN BOARD: UNCA) , the nation's only Spanish language radio network, today announced financial results for the first quarter ended March 31, 2003.
Revenue for the first quarter ended March 31, 2003 increased by 18% to $9.6 million from $8.2 million in the same period of last year. Revenue relating to the radio broadcasting business increased by 3% to $6.8 million from $6.6 million in the same period last year.
EBITDA improved by 45% to a loss of $1.6 million from a loss of $2.9 million in the same period last year. EBITDA ...