“Entercom delivered strong organic revenue and EBITDA growth in Q4 as our performance continues to accelerate across the organization and we gain traction on our various scale-driven growth initiatives.”
That’s the prepared quote from Entercom President/CEO David Field distributed along with his company’s much-anticipated Q4 2018 and full-year results.
While revenue was in line with analyst predictions, Entercom’s non-GAAP earnings per share missed Wall Street estimates. Investors don’t seem concerned, however, even as some may mistakenly believe Entercom suffered a huge net loss in the quarter.