Lincoln revenues nearly flat


Lincoln Financial Group reported its Q2 results this week. Revenues were down 0.2% to 57.4 million for the broadcasting subsidiary, Lincoln Financial Media, and station operating income declined 5.1% to 26.3 million. But interest costs and general and administrative expenses were down substantially, so income from operations rose 14.3% to 13.6 million. Lincoln Financial Group has said it is considering whether to sell its radio and television operations, but no decision has been made yet. For the entire company, Lincoln reported that Q2 income from operations rose to 386.7 million from 351.4 million a year earlier.