Emmis Communications Earnings Cheat Sheet: Loss Widens
Emmis Communications (NASDAQ:EMMS) reported a wider loss in the fourth quarter. Emmis Communications Corporation is a media company with radio broadcasting and magazine publishing operations. Are We Entering the Golden Era of Media?>>
Emmis Communications Corporation Earnings Cheat Sheet
Results: Loss widened to $17.3 million (40 cents per share) from a loss of $9.9 million (26 cents per share) in the year earlier quarter.
Revenue: Rose 6.4% to $57.7 million.
Competitors to Watch: Sirius XM Radio (NASDAQ:SIRI), Cumulus Media Inc. (NASDAQ:CMLS), News Corp (NASDAQ:NWSA), Time Warner (NYSE:TWX), Disney (NYSE:DIS), Entercom Communications Corp. (NYSE:ETM), Radio One, Inc. (NASDAQ:ROIAK), Salem Communications Corp (NASDAQ:SALM), Saga Communications, Inc. (AMEX:SGA), Beasley Broadcast Group, Inc. (NASDAQ:BBGI), Westwood One, Inc. (NASDAQ:WWON), Grupo Radio Centro SAB de CV (NYSE:RC), and CBS Corporation (NYSE:CBS)
Stock Performance: Shares of EMMS are up 2.78% from yesterday’s close of $1.08.