Emmis Q1 revenues up; profit down

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Emmis CommunicationsEmmis Communications reported that its fiscal Q1 net income attributable to common shareholders declined to $956K from $3.73 million in the previous year. Net income per share in the quarter fell to $0.02 from $0.08 last year. Total net revenues for the quarter rose to $59.72 million from $50.59 million last year.

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