Entercom Communications (ETM) Tops Q1 EPS by 3c
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Entercom Communications Corp. Reports First Quarter Results
May 4, 2015 8:00 AM EDTBALA CYNWYD, Pa.--(BUSINESS WIRE)-- Entercom Communications Corp. (NYSE: ETM) today reported financial results for the quarter ended March 31, 2015.
First Quarter Highlights
Net revenues for the quarter were flat at $78.4 million Station expenses increased 2% to $59.2 million Station operating income decreased 6% to $19.2 million Adjusted EBITDA decreased 8% to $13.9 million Adjusted net income per share decreased to $0.04 Free cash flow decreased to $3.4 million... More