Vocento, S.A. Reports Earnings Results for the Half Year Ended June 30, 2023
July 25, 2023 at 02:05 pm EDT
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Vocento, S.A. reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was EUR 168.4 million compared to EUR 162.78 million a year ago. Revenue was EUR 171.35 million compared to EUR 163.66 million a year ago.
Net loss was EUR 11.11 million compared to net income of EUR 5.02 million a year ago. Basic loss per share from continuing operations was EUR 0.092 compared to EUR 0.038 a year ago. Basic loss per share was EUR 0.092 compared to basic earnings per share of EUR 0.042 a year ago.
Vocento SA is a Spain-based company engaged in the multimedia industry. The Company publishes, distributes and sells unit publications, periodic and non-periodic, about general information, culture, sports, arts and other related topics. It operates through four segments: Print Media, which provides printing and distribution services; Audiovisual, which is responsible for the broadcasting of television channels in the Spanish Digital Terrestrial Television (DTT) and one radio station, as well as the operation of five audiovisual production entities BocaBoca Producciones, Europroducciones, Hill Valley, Videomedia and Tripictures; Internet, which hosts with the coverage of news and events, as well as specific applications for smartphones and tablet computers; and Other Businesses, which is active in the printing, distribution and free press sectors. It operates through Foro de Debate.