Another Southward Stock Slide For SBS

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Spanish Broadcasting System (SBS) saw its financial health significantly improve in Q1, with the company revealing June 29 that its steep net loss shrunk from $10.84 million ($1.49 per share), to a net loss of $3.37 million (46 cents per share).


That said, SBS has its challenges. On Thursday, shareholders expressed displeasure with SBS by sending shares down 30%. 

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