“We’re not having a call this quarter.”
That’s what an Audacy Inc. spokesperson shared on Friday, as the company opted to simply share its second quarter 2023 results on Business Wire.
“As previously disclosed, we initiated discussions with our lenders to refinance our debt and optimize our balance sheet to position Audacy for long-term growth and this is management’s priority at this time,” the Audacy representative explained.
So, how did Audacy do in Q2? It topped analysts’ revenue forecasts. That’s where the good news ends.
