PHILADELPHIA (AP) — PHILADELPHIA (AP) — Audacy, Inc. (AUDA) on Thursday reported a loss of $234.3 million in its third quarter.
The Philadelphia-based company said it had a loss of $49.64 per share. Losses, adjusted for asset impairment costs and restructuring costs, came to $6.69 per share.
The radio broadcasting company posted revenue of $299.2 million in the period.
The company's shares closed at 34 cents. A year ago, they were trading at $8.88.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AUDA at https://www.zacks.com/ap/AUDA
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