Entercom Communications (ETM) Tops Q4 EPS by 2c, Revenues Miss

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Entercom Communications Fourth Quarter Net Revenues Increase 1%

February 25, 2020 8:00 AM EST

Adjusted EBITDA Increases 2% and Adjusted Net Income Per Share Increases 14%

Full Year Net Revenues Increase 2%, Adjusted EBITDA Increases 10% and Adjusted Net Income Per Share Increases 19%

PHILADELPHIA--(BUSINESS WIRE)-- Entercom Communications Corp. (NYSE: ETM) today reported financial results for the quarter ended December 31, 2019.

Fourth Quarter Highlights

Net revenues for the quarter were $414.1 million, up 1% compared to $411.4 million in the fourth quarter of 2018 Operating loss for the quarter was $455.5 million, which included a non-cash... More