Entercom Communications (ETM) Misses Q1 EPS by 1c

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Go back to Entercom Communications (ETM) Misses Q1 EPS by 1c

Entercom Communications Corp. Reports First Quarter Results

May 8, 2017 8:00 AM EDT

BALA CYNWYD, Pa.--(BUSINESS WIRE)-- Entercom Communications (NYSE: ETM) today reported financial results for the quarter ended March 31, 2017.

First Quarter Highlights

Net revenues for the quarter increased 1.4% to $97.5 million Station expenses increased 5% to $75.4 million Station operating income decreased 10% to $22.0 million Adjusted EBITDA decreased 23% to $14.1 million Adjusted net income per share was $0.07, down $0.02

David J. Field, President... More