For SBS In Q3, Revenue Rises But Radio ‘OIBDA’ Lower

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Spanish Broadcasting System (SBS) late Tuesday released its third quarter earnings report, and the Miami-based multimedia company enjoyed 6% consolidated revenue growth compared to the same period of 2021.


However, the favored non-GAAP “OIBDA” seen by SBS in Q3 was flat, as a big jump in TV revenue offset a 10% drop at the company’s core radio stations.

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