• by Wayne Friedman , October 25, 2013

Univision Communications had a mixed financial picture for its third-quarter results -- higher revenue, but a net loss versus a net profit compared to the same period a year ago.

The Spanish-language TV/media company posted a $15.9 million loss versus a profit of $10.6 million. Higher expenses were the main reason. Overall company-wide revenue, however, grew 10.1% to $692.7 million.

While TV revs climbed ($580.6 million versus $509.2 million), digital revenue declined ($22.1 million versus $29.0 million). Radio business was virtually the same ($90.0 million versus $90.7 million).

During an earnings phone call with analysts, Randy Falco, president/CEO of Univision, said Univision’s TV stations are seeing advertising revenue up in the mid-to-high single-digit percentage range for the fourth quarter. This excludes political advertising.

Falco noted fourth-quarter advertising prices for the Univision network itself are pacing stronger -- in the mid-teens percentage range, pushing overall TV revenue into the lower double-digit percent range.

Next week, starting on Oct. 28, Univision's co-venture with ABC -- a news and lifestyle network called Fusion aiming at millennials -- will start in some 20 million homes. By the end of 2014, Falco says that number will double .