Grupo Televisa, S.A.B. Q1 2023 Earnings Report

Grupo Televisa, S.A.B. EPS Results

• Actual EPS: -$0.08
• Consensus EPS: -$0.09
• Beat/Miss: Beat by +$0.01
• One Year Ago EPS: N/A

Grupo Televisa, S.A.B. Revenue Results

• Actual Revenue: $992.32 million
• Expected Revenue: $1.03 billion
• Beat/Miss: Missed by -$35.62 million
• YoY Revenue Growth: N/A

Grupo Televisa, S.A.B. Announcement Details

• Quarter: Q1 2023
• Date: 4/26/2023
• Time: N/A

Grupo Televisa, S.A.B. (NYSE:TV), together with its subsidiaries, owns and operates cable companies and provides direct-to-home satellite pay television system in Mexico and the United States. It operates through three segments: Cable, Sky, and Other Businesses. The Cable segment operates cable multiple system that provides basic and premium television subscription, pay-per-view, installation, Internet subscription, and telephone and mobile services subscription, as well as local and national advertising services; and telecommunication facilities, which offers data and long-distance services solutions to carriers and other telecommunications service providers through its fiber-optic network. The Sky segment offers direct-to-home broadcast satellite pay television services comprising program, installation, and equipment rental services to subscribers in Mexico, Central America, and the Dominican Republic; and national advertising sales. The Other Businesses segment is involved in the sports and show business promotion, soccer, publishing and publishing distribution, and gaming, as well as provides transmission concessions and facilities. The company was founded in 1969 and is headquartered in Mexico City, Mexico.