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More Share Erosion Pushes Audacy To Historic Low

With 15 minutes left in Tuesday's trading, Audacy Inc. shares had plummeted by 31% from Monday's close, putting the company founded by Joseph Field as Entercom in a potentially precarious position.
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Nexstar Preparing For September Investor Conferences

A pair of major investor conferences are on the calendar for September, and a soon-to-retire senior executive at Nexstar Media Group, along with the company's EVP/Chief Financial Officer, will be in attendance at each of this events.

Veritone Shares Collapse Following Report of Q2 Loss

It's a technology company familiar with broadcast media, thanks to its enterprise AI software and services. Veritone has enjoyed increased awareness in recent years from both...
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Audacy ‘Going Concern’ Statement, Hints of Sales, Sink Stock

Investors in audio content creation and distribution company Audacy may be a little nervous thanks to a 10-Q filing made Monday with the SEC that shares the company's status as a "Going Concern" — and how plans are in the works to sell "certain assets" in two top markets. As of 11am Tuesday, "AUDA" was off by nearly 13%, to 95 cents per share.
Alfred Liggins, Urban One

Urban One’s Q1 and Q2 Reports? A Late Q3 Reveal Could Come

As RBR+TVBR previously reported, Urban One has not yet released its first quarter 2023 fiscal results. It is now known that the Q1 and Q2 2023 results will likely not arrive from the African American-focused multimedia company for perhaps another six weeks.

Friday’s Q2 Reports: Scripps, Gray Television

The second quarter 2023 earnings reports continue on Friday morning, with the release of fiscal health check from broadcast TV station owners The E.W. Scripps Co., and Gray Television.

Salem To Release Its Q2 Results In One Week

How did Salem Media Group perform, fiscally speaking, in the second quarter of 2023? The answer will be revealed by the multimedia company following the Closing Bell for U.S. financial markets on Tuesday.
CUMULUS MEDIA Stacked

Cumulus Shares Reach Six-Month High

With the release on Friday morning of Cumulus Media's second quarter 2023, the audio content creation and distribution company enjoyed a share surge that put CMLS, which trades on the Nasdaq, at $5.54. On Monday, shares saw further improvement, putting Cumulus in a strong position.
Pile of Money

Have You Seen RBR+TVBR’s New Expanded Stock Ticker?

By popular demand, the homepage of the Radio + Television Business Report's website has a new, detailed look at every publicly traded broadcast media company's stock price — including key Canadian companies traded on the TSX.
Mary Berner

Cumulus Shares Surge On Positive Q2 Results

While Atlanta-headquartered Cumulus experienced a year-over-year quarterly loss on extremely difficult comps, as 2022 included record political advertising revenue, Q2 2023's earnings per share beat the consensus estimate offered by 3 analysts polled by Yahoo! Finance, coming in at the high estimate of -$0.03.
Perry Sook

Nexstar Board Approves Shareholder Dividend

In late April, Nexstar Media Group reaffirmed a huge hike in its quarterly dividend payment to shareholders seen in late January.  The company's Board of Directors has elected to keep that juicy stockholder reward as-is, setting an ex-dividend date and selecting when the payout will occur.

Beasley Putting Finishing Touches On Q2 Results

With network revenue and digital gains making the first quarter one in which CEO Caroline Beasley was "thrilled" with the "significant success and growth" seen at Beasley Media Group, what can investors and analysts expect to hear from Beasley regarding the Q2 results?
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SiriusXM Stock Slips After Thursday Short Squeeze

On Thursday, Sirius XM Holdings Inc. experienced a notable surge in stock value, rising more than 42% to $7.72 on significantly higher-than-average volume. But as Sir Isaac Newton would say: what goes up, must come down.
Bill Wilson

Townsquare Set To Announce Q2 Results After Making Moves

Townsquare Media made positive hints at its Q2 status by its actions in late June, but we'll get the full picture soon. On Thursday, the company announced its release date for its financial results for the second quarter of 2023.
Lucy Rutishauser

Sinclair Inc. Selects Its Q2 Reveal Date

Two weeks from right now, there's a very good chance you'll be digesting the second quarter 2023 earnings report from Sinclair Inc., the owner of broadcast TV stations across the U.S. in addition to such broadcast technology firms as Dielectric. What can investors expect to hear from company executives including CFO Lucy Rutishauser?