Entercom Communications (ETM) Tops Q2 EPS by 1c
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Entercom Communications Corp. Reports Second Quarter Results
August 6, 2015 8:05 AM EDTBALA CYNWYD, Pa.--(BUSINESS WIRE)-- Entercom Communications Corp. (NYSE: ETM) today reported financial results for the quarter ended June 30, 2015.
Second Quarter Highlights
Net revenues for the quarter increased slightly to $100.6 million Station expenses increased 2% to $69.6 million Station operating income decreased 4% to $31.0 million Adjusted EBITDA decreased 5% to $25.6 million Adjusted net income per share decreased 9% to $0.21 Free cash flow was $14.2 million... More