Entercom Q4 Revenues Up 5%, Earnings Decline

Entercom Communications reported fourth quarter net revenues grew 5% to $123.2 million from $117 million in 2015. Station expenses increased 6% to $81.1 million from $76.7 million, while station operating income (SOI) was up 3% to $42.1 million. Adjusted EBITDA was flat at $35.2 million. The company posted a net income of $10.8 … more

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