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Entercom Communications Corp Reveals 7% Retreat In Q2 Profit

Entercom Communications Corp (ETM) reported earnings for second quarter that retreated compared to the same period last year.

The company said its earnings totaled $10.30 million, or $0.26 per share. This was down from $11.12 million, or $0.28 per share, in last year's second quarter.

The company said revenue for the quarter rose 2.8% to $124.97 million. This was up from $121.57 million last year.

Entercom Communications Corp earnings at a glance:

-Earnings (Q2): $10.30 Mln. vs. $11.12 Mln. last year.
-Earnings Decline (Y-o-Y): -7.4%
-EPS (Q2): $0.26 vs. $0.28 last year.
-EPS Decline (Y-o-Y): -7.1%
-Revenue (Q2): $124.97 Mln vs. $121.57 Mln last year.
-Revenue Change (Y-o-Y): 2.8%

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