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Friday, July 10, 2015

National Revenue Down 9% For Emmis

National Revenue Down 9% For Emmis
Jul 10th 2015, 04:18
Shedding some light on Emmis' weak quarter, CFO Pat Walsh told investors national business was down nearly double digits. National spot was down 9 percent, and overall the markets Emmis operates in were down 6 percent. And while local outperformed other radio companies, it was still down 5 percent for the quarter. NTR was up 9 percent for Emmis on markets that were up 17 percent, and Emmis digital was up 14 percent on markets up only 2 percent.