On a straight dollar-for-dollar basis, Emmis Communications was able to report a superb gain in net revenue – and even when breaking it down to a more realistic pro forma basis, the gain was still pleasing, particularly when compared to its peer group.
Emmis is a bit off-beat when it comes to results reporting – this session refers to the company’s 2015 Q3 and is about three weeks ahead of the general quarterly conference call curve.