Lin TV profits fall as operating expenses climb

DESPITE A 36.6 PERCENT increase in revenue in the first quarter of 2013, Lin TV Corp. posted a net loss of $1 million in the period, compared with a profit of $3.9 million a year earlier. / COURTESY LIN MEDIA
DESPITE A 36.6 PERCENT increase in revenue in the first quarter of 2013, Lin TV Corp. posted a net loss of $1 million in the period, compared with a profit of $3.9 million a year earlier. / COURTESY LIN MEDIA
PROVIDENCE – Lin TV Corp. saw its bottom line drop even as revenue rose 36.6 percent during the first quarter of 2013, the company reported Thursday. The decrease came about thanks to an increase in operating expenses as well as a more than doubling of depreciation and amortization expense recognized in the period. The company…
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