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Cox Radio Profits fall!

T

TheRealOtherNeil

Courtesy of Radio and Records

Higher operating costs offset slightly higher revenue gains at Cox Radio during the second quarter. On Wednesday (Aug. 1), the Atlanta-based operation reported that net income fell 21% to $20.3 million, or 21 cents per share, from $25.7 million, or 27 cents per share, during the same time last year.

Thomson Financial analysts had expected a 20-cent gain.
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If only Clark Howard were in charge of the financials of this company.


Note to Langer...NOW!
 
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