Spanish Broadcasting System Inc. (SBSA: Quote) reported that its fourth-quarter income applicable to common stockholders increased to $3.68 million or $0.51 per share from $880 thousand or $0.12 per share in the year ago quarter.
Consolidated net revenue totaled $38.2 million compared to $34.9 million for the same prior year period, resulting in an increase of $3.3 million or 9%. Excluding cyclical political sales for the respective periods, consolidated net revenue totaled $38.1 million compared to $33.7 million for the same prior year period, resulting in an increase of $4.4 million or 13%.
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by RTT Staff Writer
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