SBS Says Revenue Increased in Q4


SBS’s much-delayed Q4 2016 earnings were released late last night and the company reported consolidated net revenue of $42.1 million compared to $40.3 million a year earlier. That’s an increase of $1.8 million or 5%. SBS’s radio division net revenues increased $1.1 million or 3%, due to increases in national, local, and digital sales. Local sales increased in Chicago, Miami New York and Puerto Rico. A conference call will be held Friday to discuss the details.


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