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Article: Radio Unica Communications Corp. Announces Strong Second Quarter Results.
- Article from:
- PR Newswire
- Article date:
- August 2, 2000
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Revenue Growth of 69% over 1999
Company Reports 61% Improvement in EBITDA
MIAMI, Aug. 2 /PRNewswire/ --
Radio Unica Communications Corp. (Nasdaq: UNCA), the nation's only Spanish language radio network, today announced record financial results for the second quarter ended June 30, 2000.
Revenue for the second quarter ended June 30, 2000 increased by 69% to $7.7 million from $4.6 million in the same period of 1999. EBITDA before stock option compensation expense (defined as loss from operations plus depreciation and amortization and stock option compensation expense) improved by 61% to a loss of $1.9 million from a loss of $4.8 million ...