Audacy Reports First Quarter Results
Audacy, Inc. (OTC: AUDAQ) today reported financial results for the quarter ended March 31, 2024.
- Audacy, Inc. (OTC: AUDAQ) today reported financial results for the quarter ended March 31, 2024.
- Field, Chairman, President and Chief Executive Officer, stated: “Audacy delivered a solid start to 2024 with Q1 EBITDA increasing 173% vs the prior year.
- Second-quarter revenues are currently pacing up low-single digits, and we expect another quarter of substantial EBITDA growth, enhanced by our continuing work on expense reductions.
- Exclusive Audacy Check-Ins and artist collaborations in the quarter included The Black Crowes, Green Day, Mary J. Blige, Billy Joel, Jennifer Lopez, Gwen Stefani, Kings of Leon, Bon Jovi and Lenny Kravitz.