Entercom Communications (ETM) Misses Q3 EPS by 1c, Slight Beat on Revenues
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Entercom Communications Corp. Reports Third Quarter Results
November 6, 2018 7:30 AM ESTPHILADELPHIA--(BUSINESS WIRE)-- Entercom Communications (NYSE: ETM) today reported financial results for the quarter ended September 30, 2018.
Third Quarter Highlights
Net revenues for the quarter were $378.5 million, compared to $122.3 million in the third quarter of 2017. On a same-station basis, net revenues for the quarter were $378.5 million compared to $395.2 million in the third quarter of 2017 Total operating expense for the quarter was $299.8 million, compared to $108.8 million in the third quarter of 2017 Total same-station cash expense for the quarter was $291.8 million, a... More