NYSE - Delayed Quote • USD Grupo Televisa, S.A.B. (TV) Follow Compare 1.8100 -0.0700 (-3.72%) At close: January 10 at 4:00:01 PM EST 1.8100 0.00 (0.00%) After hours: January 10 at 6:01:36 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Grupo Televisa SAB (TV) Q3 2024 Earnings Call Highlights: Profitability Gains Amid Revenue ... Grupo Televisa SAB (TV) reports improved cable segment profitability and strong free cash flow despite facing revenue declines in key areas. Grupo Televisa Faces Revenue Drop But Boosts Net Income Grupo Televisa, S.A.B. (TV) has released an update. Grupo Televisa, S.A.B. announced a 6.4% drop in revenue and a 4.7% fall in operating segment income for the third quarter of 2024, attributed mainly to a significant decrease in revenue from its Sky segment. Despite these declines, the company reported a notable improvement in net income, turning around from a loss last year, due to increased operating income and reduced expenses. Additionally, Televisa expanded its fiber-to-the-home network an Azcárraga steps down as Televisa chief executive amid US soccer investigation Emilio Azcárraga has stepped down as chief executive of Televisa because he is being investigated by the U.S. Department of Justice because of a FIFA-related issue, the company informed in its third quarter report to Mexico’s stock market. The 56-year-old Azcárraga took a leave of absence “with immediate effect” from the position he's held since the death of his same-name father in 1997. Televisa, the world's largest producer of Spanish content, said in the report this week that it decided on Aug. 30 the departure of Azcárraga and it was “still cooperating with the investigation.” Grupo Televisa: Q3 Earnings Snapshot MEXICO CITY (AP) — Grupo Televisa SAB (TV) on Thursday reported net income of $35.3 million in its third quarter. The Mexico City-based company said it had net income of 7 cents per share. The media company posted revenue of $812.6 million in the period. Televisa Chairman Takes Leave Pending DOJ International Soccer Probe Mexican tycoon Emilio Azcárraga is also taking leave as TelevisaUnivision director pending resolution of investigation involving FIFA. Televisa chairman taking leave amid FIFA bribery probe MEXICO CITY (Reuters) -Televisa's executive chairman, Emilio Azcarraga, is taking "administrative leave" pending the results of a U.S. Department of Justice investigation into the company's dealings with FIFA soccer officials, the Mexican broadcaster said on Thursday. Azcarraga's leave will be effective immediately, Grupo Televisa said in its third-quarter results. Televisa reached a $95 million settlement in 2023 to resolve a U.S. investor lawsuit accusing the company of bribing FIFA soccer officials to win rights to four World Cup tournaments. Grupo Televisa SAB (TV) Q2 2024 Earnings Call Highlights: Strong Cable Growth Amidst Revenue ... Grupo Televisa SAB (TV) reports significant improvements in cable segment profitability and cash flow, despite facing revenue declines in other areas. Gabelli Funds Commentary: GAMCO All Cap Value Fund Commmentary for May 2024 Discussion of markets and holdings Why Is Sirius XM (SIRI) Down 10.2% Since Last Earnings Report? Sirius XM (SIRI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues. 25 Largest Companies in Mexico by Revenue In this article, we will take a look at the 25 largest companies in Mexico by revenue. If you want to skip our detailed analysis, you can go directly to the 5 Largest Companies in Mexico by Revenue. Mexico’s Economic Landscape: An Overview According to a report by Deloitte, Mexico experienced a 3.7% year-over-year GDP […] Grupo Televisa, S.A.B. (NYSE:TV) Q1 2024 Earnings Call Transcript Grupo Televisa, S.A.B. (NYSE:TV) Q1 2024 Earnings Call Transcript April 26, 2024 Grupo Televisa, S.A.B. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning everyone and welcome to Grupo Televisa’s First Quarter 2024 Conference Call. All participants will be […] Televisa to merge its satellite TV, cable units 'as soon as possible' MEXICO CITY (Reuters) -Mexican broadcaster Televisa plans to merge its satellite TV unit Sky with its cable TV and internet service Izzi as soon as possible, the head of the new unit said on Friday. Televisa is aiming to trim its financial expenses, and Izzi has had trouble staying competitive in recent quarters. Francisco Valim, who will run the unit, said the combination will help Televisa to optimize the two business by allowing it to "homogenize regions, sales channels, (and) commission frameworks and better manage the customer base." UPDATE 2-Televisa to merge its satellite TV, cable units 'as soon as possible' Mexican broadcaster Televisa plans to merge its satellite TV unit Sky with its cable TV and internet service Izzi as soon as possible, the head of the new unit said on Friday. Televisa is aiming to trim its financial expenses, and Izzi has had trouble staying competitive in recent quarters. Francisco Valim, who will run the unit, said the combination will help Televisa to optimize the two business by allowing it to "homogenize regions, sales channels, (and) commission frameworks and better manage the customer base." UPDATE 2-Mexico's Televisa swings to $58 mln profit, but revenue underperforms Mexico's largest broadcaster Televisa reversed losses in the first quarter, swinging to a profit after a favorable exchange rate and smaller debt burden helped cut financial expenses by nearly half, the company said on Thursday. Net profit reached 951.8 million pesos ($57.6 million) in the January-to-March period, from the 788.9 million peso loss in the same quarter last year, Televisa reported in a filing to Mexico's stock exchange. During the quarter, company revenue fell about 5% from the year before to total 15.95 billion pesos, but below the 16.87 billion pesos expected by analysts polled by LSEG. Mexican broadcaster Televisa buys out AT&T's stake in Sky Mexico MEXICO CITY (Reuters) -Mexican broadcaster Televisa said on Wednesday it reached an agreement with AT&T for its stake in satellite TV unit Sky Mexico, giving Televisa full control of the firm. In a filing, Televisa said the payout would happen over 2027 and 2028, but it did not provide the cost of the deal. It said the current head of its cable TV and internet service Izzi, Francisco Valim, would also lead Sky. UPDATE 1-Moody's downgrades Mexican broadcaster Televisa's rating to Baa3 Ratings agency Moody's downgraded Mexican broadcaster Televisa's rating to Baa3 from Baa2, while maintaining its outlook stable, it said in a statement on Friday. The downgrade was mainly driven by forecasts predicting Televisa's leverage should remain high in 2024, and expected pressure on margins due to operational challenges such as a decline in its DTH (Direct-To-Home) business, Sky, and a competitive Mexican market. Nonetheless, Moody's maintained a stable outlook on the firm based on the view Televisa will successfully implement its strategic plan and maintain growth, the statement said. Grupo Televisa, S.A.B. (NYSE:TV) Q4 2023 Earnings Call Transcript Grupo Televisa, S.A.B. (NYSE:TV) Q4 2023 Earnings Call Transcript February 23, 2024 Grupo Televisa, S.A.B. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning, everyone, and welcome to Grupo Televisa Fourth Quarter and Full-Year 2023 Conference Call. Before we […] 12 Best Rising Penny Stocks To Buy In this article, we will take a detailed look at the 12 Best Rising Penny Stocks To Buy. For a quick overview of such stocks, read our article 5 Best Rising Penny Stocks To Buy. Stocks are roaring after Nvidia posted yet another strong quarter, crushing AI naysayers who were calling the stock overvalued and the AI wave a hype. […] UPDATE 2-Mexico's Televisa says brunt of $790 million capex for cable, Acapulco The capital expenditure budget for Mexico's largest broadcaster Grupo Televisa will reach $790 million this year, with a focus on reconstruction of its fiber optic cable network in hurricane-hit Acapulco, a senior executive said on Friday. The broadcaster, the world's largest provider of Spanish-language content, sees $630 million in 2024 spending for the company's cable unit, Televisa Co-Chief Executive Alfonso de Angoitia said in a fourth-quarter earnings call. De Angoitia said Televisa expects insurance payments to fully cover the deployment of its new fiber optic network to homes in Acapulco, which was devastated by Hurricane Otis in October. UPDATE 2-Mexico's Televisa trims net loss in Q4, SKY lags Mexico's largest broadcaster, Televisa, on Thursday reported its second consecutive quarter in the red, clocking a net loss of 8.66 billion pesos ($510.5 million), with revenues dragged down by its SKY unit. The fourth-quarter result is an improvement from the net loss of 12.19 billion pesos in the same quarter a year earlier. Televisa's satellite TV unit SKY saw about 160,400 disconnections with a 15.3% fall in revenue. Performance Overview Trailing total returns as of 1/10/2025, which may include dividends or other distributions. Benchmark is S&P/BMV IPC Return TV S&P/BMV IPC YTD +7.10% +1.55% 1-Year -36.14% -10.00% 3-Year -80.72% -6.78%