Emmis by the numbers

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International radio was the star of fiscal Q1 (March-May) for Emmis Communications, with revenues up a whopping 28.1% to 8.2 million bucks. In the conference call with analysts, CFO Pat Walsh said that gain was about half due to performance and about half due to currency fluctuations. Domestic radio revenues declined 9% to 56.8 million, bringing total radio revenues to 65 million, down 5.5%. Publishing revenues rose 6% to 22.3 million. So, total revenues for the company declined 2.8% to 87.3 million, which was still a couple of million ahead of expectations. Station operating income, including both radio and publishing, decreased to 23.1 million from 27.3 million a year ago.


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