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Tribune Media's quarterly revenue falls 2.1 pct
2017年8月9日 / 上午11点29分 / 3 个月前

Tribune Media's quarterly revenue falls 2.1 pct

Aug 9 (Reuters) - U.S. broadcaster Tribune Media Co , which agreed to be bought by Sinclair Broadcast Group Inc in May, reported a 2.1 percent fall in quarterly revenue, hurt by slower growth in its television and entertainment business.

The company’s net loss narrowed to $30.4 million, or 35 cents per share, in the second-quarter ended June 30, from $161.6 million, or $1.76 per share, a year earlier.

Operating revenue fell to $469.5 million from $479.8 million. (Reporting by Laharee Chatterjee in Bengaluru; Editing by Arun Koyyur)

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