Fair Value, Lower Leverage: Schmaeling’s Look At Entercom


Entercom Communications President/CEO David Field appears to be very pleased with his company’s Q4 earnings results. Adjusted net income grew significantly. But, that is the result of an impairment loss totaling close to a half-billion dollars.

There’s a good reason why this loss was taken, CFO Rich Schmaeling tells RBR+TVBR in an exclusive conversation that also touches on Entercom’s debt, leverage, and expense control plans.

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