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Grupo Televisa Reports Q1 Financial Turnaround
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Grupo Televisa Reports Q1 Financial Turnaround

Grupo Televisa, S.A.B. (TV) has released an update.

Grupo Televisa, S.A.B. has reported its financial results for the first quarter of 2024, indicating a revenue decrease of 4.8% and an operating income drop of 12.5%. However, the company has seen a significant turnaround in net income, achieving Ps.951.8 million compared to the previous year’s net loss. The results were adjusted for the spin-off of Ollamani S.A.B. and reflect a strong performance in spite of challenges.

For further insights into TV stock, check out TipRanks’ Stock Analysis page.

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