Univision revs spike, net skyrockets

Income up 32% over a year ago

MIAMI — Univision Communications reported that revenue for the quarter rose 32% to $181.5 million from $138 million a year ago.

Net income for the U.S. Hispanic net jumped to $20.7 million from $6.5 million a year ago. On a comparable basis — excluding a 1999 extraordinary loss for paying down debt and year 2000 Internet startup costs — net income would have surged by 148% to $22.6 million.

Univision said its primetime market share was 85% among Hispanic households.

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