Grupo Televisa SAB ADR

TV: XNYS (USA)
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Televisa Earnings: Continued Cable and Sky Revenue Woes Overshadow Solid Profit Improvement

Televisa continues to struggle, with revenue down 6% year over year in the third quarter. The core cable business has improved, but the Sky satellite business remains challenged. Margins and cash flow expanded compared with a year ago thanks to strong expense management.

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