Entercom Communications (ETM) Misses Q1 EPS by 2c
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Entercom Communications First Quarter Net Revenues Increase 3% and Operating Income Increases 434%
April 30, 2019 8:00 AM EDTAdjusted EBITDA Increases 42%
PHILADELPHIA--(BUSINESS WIRE)-- Entercom Communications Corp. (NYSE: ETM) today reported financial results for the quarter ended March 31, 2019.
First Quarter Highlights
Net revenues for the quarter were $309.0 million, up 3% compared to $300.6 million in the first quarter of 2018 Total operating expense for the quarter was $278.6 million compared to $294.9 million in the first quarter of 2018 Net income per diluted share for the quarter was $0.02, compared to a net loss per diluted share of ($0.10) in the... More