Entercom Communications (ETM) Tops Q1 EPS by 2c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/15/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Entercom Communications Corp. Reports First Quarter Results and Announces $0.075 Quarterly Dividend
May 2, 2016 8:03 AM EDTBALA CYNWYD, Pa.--(BUSINESS WIRE)-- Entercom Communications Corp. (NYSE: ETM) today reported financial results for the quarter ended March 31, 2016.
First Quarter Highlights
Net revenues for the quarter increased 23% to $96.1 million Station expenses increased 21% to $71.5 million Station operating income increased 28% to $24.6 million Adjusted EBITDA increased 32% to $18.3 million Adjusted net income per share increased 125% to $0.09 Free cash flow more than doubled to $8.1 million... MoreEntercom Communications Corp. Announces Initiation of Quarterly Cash Dividend Program and Declares Second Quarter Dividend of $0.075 Per Share
May 2, 2016 8:00 AM EDTBALA CYNWYD, Pa.--(BUSINESS WIRE)-- Entercom Communications Corp. (NYSE: ETM) today announced that its Board of Directors has approved the initiation of a dividend program under which the Company intends to pay a regular quarterly cash dividend to its common shareholders. The Board declared an initial quarterly cash dividend of $0.075 per share of Class A and Class B Common stock, payable on June 15, 2016 to shareholders of record as of the close of business on May 25, 2016.
David J. Field, President and Chief Executive Officer, stated: The decision by Entercoms Board of Directors to... More
