Entercom Communications (ETM) Misses Q1 EPS by 1c
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Entercom Communications Corp. Reports First Quarter Results
May 8, 2017 8:00 AM EDTBALA CYNWYD, Pa.--(BUSINESS WIRE)-- Entercom Communications (NYSE: ETM) today reported financial results for the quarter ended March 31, 2017.
First Quarter Highlights
Net revenues for the quarter increased 1.4% to $97.5 million Station expenses increased 5% to $75.4 million Station operating income decreased 10% to $22.0 million Adjusted EBITDA decreased 23% to $14.1 million Adjusted net income per share was $0.07, down $0.02David J. Field, President... More
