Spanish-language broadcaster

Univision

(UVN)

posted 41% earnings growth for the first quarter Wednesday.

For the first quarter ended March 31, the Los Angeles-based company earned $44.5 million, or 13 cents a share, from the year-ago $31.6 million, or 9 cents a share.

Revenue rose 23% from a year ago to $433 million, led by a sharp gain in music revenue. The company said it expects to make 24 to 25 cents a share for the second quarter, in line with the Wall Street estimate.

Univision shares rose 78 cents Wednesday to $27.64 before being halted after hours.