Audacy Misses Q2 EPS Street Forecast, Beats On Revenue

0

From air talent consolidation across its Country and Top 40 stations to high-profile departures at its KROQ in Los Angeles, Audacy management has had its share of PR challenges in the last several months.


Now, the C-Suite has a potentially greater challenge on its hands. As its peers have reported highly positive Q2 results, the company formerly known as Entercom has released a second quarter fiscal health report reflecting a significant Earnings Per Share miss.

Investors immediately reacted in early trading on Friday, with the losses continuing after hours

Please Login to view this premium content. (Not a member? Join Today!)