Entercom Communications (ETM) Misses Q1 EPS by 18c

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Entercom Communications Corp. Reports First Quarter Results

May 8, 2018 8:00 AM EDT

PHILADELPHIA--(BUSINESS WIRE)-- Entercom Communications (NYSE: ETM) today reported financial results for the quarter ended March 31, 2018.

First Quarter Highlights

Net revenues for the quarter were $300.6 million, compared to $99.0 million in the first quarter of 2017. On a same-station basis, net revenues for the quarter were $300.6 million compared to $324.9 million in the first quarter of 2017 Operating income for the quarter was $5.7 million, compared to an operating loss of $15.0 million in the first quarter of 2017 Net loss... More