Entercom Communications (ETM) Tops Q3 EPS by 6c
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Entercom Communications Corp. Reports Third Quarter Results
November 5, 2015 4:05 PM ESTBALA CYNWYD, Pa.--(BUSINESS WIRE)-- Entercom Communications Corp. (NYSE: ETM) today reported financial results for the quarter ended September 30, 2015.
Third Quarter Highlights
Net revenues for the quarter increased 15% to $114.7 million Station expenses increased 17% to $80.9 million Station operating income increased 10% to $33.8 million Adjusted EBITDA increased 15% to $28.0 million Adjusted net income per share increased 25% to $0.25 Free cash flow increased 40% to $18.3 million... More