Entercom Communications (ETM) Declares $0.20 Special Dividend; 1.9% Yield
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Entercom Communications Corp. Reports Second Quarter Results and Announces $0.20 Special Dividend
July 28, 2017 8:30 AM EDTBALA CYNWYD, Pa.--(BUSINESS WIRE)-- Entercom Communications (NYSE: ETM) today reported financial results for the quarter ended June 30, 2017.
Second Quarter Highlights
Net revenues increased 3% to $125.0 million, compared to $121.6 million in the second quarter of 2016 Operating income was $16.4 million, compared to $27.6 million in the second quarter of 2016 Net income per diluted share was $0.15, compared to net income per diluted share of $0.26 in the second quarter of 2016 Same station net revenues increased by 1% excluding political... More