Regent outperforms

Regent Communications beat Wall Street expectations with revenues up 25.3% overall to 26.4 million bucks, including the big cluster in Buffalo acquired from CBS, and up 1.4% on a same station basis. Q2 station operating income rose 36.9% to 9.5 million and was flat on a same station basis. For Q3, Regent is projecting that same station revenues will be flat to down in the low single digits.

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