The Bigger SBS Q1 Story: A Narrower Net Loss


MIAMI — Sometimes a press release doesn’t give you all of the information you’d really like to know about a particular subject. Take, for instance, Spanish Broadcasting System (SBS)‘s delayed Q1 2017 results.

A late Monday Globe Newswire post revealed—front and center—that the media company focused on U.S. Hispanic consumers saw its consolidated net revenue dip 1% in the quarter, compared to Q1 2016.

But, what about the company’s net loss?

SBS’s Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss were filed late Monday (5/22) with the Securities and Exchange Commission. 

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