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BRIEF-Hemisphere Media Group reports Q2 revenue $35.2 million versus $35 million
August 4, 2017 / 12:52 PM / in 13 days

BRIEF-Hemisphere Media Group reports Q2 revenue $35.2 million versus $35 million

Aug 4 (Reuters) - Hemisphere Media Group Inc

* Hemisphere Media Group announces second quarter 2017 financial results and affirms full-year guidance

* Q2 revenue $35.2 million versus $35 million

* Hemisphere Media Group Inc - affirms full-year adjusted EBITDA guidance

* Hemisphere Media Group Inc - ‍advertising revenue decreased $2.1 million, or 12% in the quarter​

* Hemisphere Media Group Inc - qtrly net income $ 5.18 million versus $5.03 million

* Hemisphere Media Group sees funding requirements for strategic initiatives to be $35 million to $40 million in aggregate for year ending Dec 31, 2017​

* Hemisphere Media Group Inc - ‍ previous funding requirements guidance did not include its investment in Remezcla made during Q2​ Source text for Eikon: Further company coverage:

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