Audacy Gives First Look At A Hopeful Financial Future For 2024

Following court approval of its pre-packaged Plan of Reorganization on February 20, Audacy is sharing a look into its financial status, including an upturn to kick off the new year. The broadcaster had been tight-lipped about recent performance, foregoing earnings calls since Q1 with only required SEC disclosures.

The first bright spot for Audacy comes as the company anticipates FCC approval on its Chapter 11 restructuring and intends to submit its 2023 10-K later this month.