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Financial Briefs

Hemdale Communications reported second-quarter earnings of $ 170,000 (3 cents a share) for the period ended June 30.

That compares to a net loss of $ 4,000 in the same quarter last year. Revenues were up 27% to $ 3.6 million.

TV production house Kushner-Locke posted a net profit of $ 86,000 for the third fiscal quarter, ended June 30. That compares to a net income of $ 181,000 (1 cents) in the same period last year. Revenues were off 13% to $ 5.5 million.

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