One of the nation’s largest audio media companies, with investments in podcasting and a growing streaming app, is rapidly recovering from not only COVID-19 fueled detriments to its revenue, but also from challenges largely associated with the November 2017 tax-free merger it successfully completed with CBS Radio.
Entercom Communications early Wednesday released its Q4 and full-year 2020 earnings report. While its revenue was down 22.8% year-over-year, it surpassed Wall Street estimates. Entercom’s earnings per share? That’s another story.