Profits at Journal Communications Rise 23.9%

Posted Friday, July 27, 2012 7:49 am

By: Paul Gores | Journal Sentinel

Profits for Journal Communications Inc. rose 23.9% in the second quarter as revenue in the company's broadcast division grew.

The Milwaukee-based media company posted net income of $7.61 million, or 13 cents a share, up from $6.14 million, or 10 cents, a year earlier.

"Journal Communications had a strong second quarter with operating earnings up 17%, driven by political and issue advertising and a continuing recovery in many of our local broadcast markets," Steven Smith, chairman and chief executive, said in a statement.

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Profits at Journal Communications Rise 23.9%

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