G
GeorgeKramer
Guest
I just read online that revenue and income declined by nearly 24 percent in the third quarter at Entercom Communications.
According to Business First, net profits were $8.2 million, or 22 cents per share, on $100.4 million in revenue. In the 2010 third quarter, Entercom had net income of $10.7 million, or 29 cents per share, on $102.7 million in revenue.
Analysts had projected earnings of just over $100 million.
Soooo.... what is everyone's immediate reaction and what does this mean for us the listeners and those who work for Entercom Buffalo?
According to Business First, net profits were $8.2 million, or 22 cents per share, on $100.4 million in revenue. In the 2010 third quarter, Entercom had net income of $10.7 million, or 29 cents per share, on $102.7 million in revenue.
Analysts had projected earnings of just over $100 million.
Soooo.... what is everyone's immediate reaction and what does this mean for us the listeners and those who work for Entercom Buffalo?