Entercom Communications (ETM) Tops Q3 EPS by 4c

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Go back to Entercom Communications (ETM) Tops Q3 EPS by 4c

Entercom Communications Third Quarter Net Revenues Increase 2%

November 8, 2019 8:00 AM EST

Adjusted EBITDA Increases 13% and Adjusted Net Income Per Share Increases 23%

PHILADELPHIA--(BUSINESS WIRE)-- Entercom Communications Corp. (NYSE: ETM) today reported financial results for the quarter ended September 30, 2019.

Third Quarter Highlights

Net revenues for the quarter were $386.1 million, up 2.0% compared to $378.5 million in the third quarter of 2018 Operating income for the quarter was $79.5 million, compared to $78.7 million in the third quarter of 2018 Adjusted EBITDA for the quarter was $98.0 million, up 13% compared to $86.7 million in the... More