Audacy, Inc. Reports Net Loss of $35.9 Million for Q1 2023
Revenue Stands at $259.6 Million in the First Quarter
By USInMinutes
Published - Aug 04, 2023, 01:23 PM ET
Last Updated - Aug 04, 2023, 01:23 PM EDT
Audacy, Inc.(AUDA), a prominent radio br oadcasting company, has released its unaudited condensed consolidated financial statements for the first quarter ended March 31, 2023. The company reported a net loss of $35.9 million for the quarter, along with net revenues amounting to $259.6 million.
Net Income/Loss
During the first quarter of 2023, Audacy, Inc. experienced a net loss of $35.9 million. This figure reflects the company's overall financial performance for the three-month period and the various factors that influenced its operating results.
Revenue
