Audacy (AUD) Tops Q4 EPS by 3c

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Go back to Audacy (AUD) Tops Q4 EPS by 3c

Audacy Reports Fourth Quarter and Full Year Results

February 23, 2022 8:00 AM EST

Fourth Quarter Net Revenues Increased 8% and Grew 13% Excluding Political

Full Year Revenues Increased 15% and Full Year Adjusted EBITDA Increased 48%

PHILADELPHIA--(BUSINESS WIRE)-- Audacy, Inc. (NYSE: AUD) today reported financial results for the quarter ended December 31, 2021.

David J. Field, President and Chief Executive Officer, stated: Audacys fourth quarter revenues grew 8% over the prior year, 13% ex-political, led by double digit growth in both digital and spot radio. Pandemic recovery continued as an increasing number of disrupted advertisers resumed spending.

In 2021, we accelerated our organizational development through a... More