The Latest Breaking News from Audacy

The decision came down to cost. Audacy-owned WBBM, which simulcasts on WCFS-FM (105.9), has been losing money with the Bears, who have aired on the station since 2000.

Audacy (NYSE: AUD) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of $0.07. This compares to earnings of $0.01 per share a year ago. These figures are adjusted for non-recurring items.

 

BetMGM will become the exclusive sportsbook of the BetQL Network, Audacy Inc's (NYSE:AUD) network of sports betting content. Sports betting and iGaming operator BetMGM was born out of a collaboration between MGM Resorts International (NYSE: MGM) and Entain Plc (OTC:GMVHY). The partnership, BetQL Network presented by BetMGM, is an exclusive multi-year agreement that expands the current relationship…

Benzinga Pro data, Audacy (NYSE:AUD) reported Q1 sales of $275.30 million. Earnings fell to a loss of $11.07 million, resulting in a 151.72% decrease from last quarter. In Q4, Audacy earned $21.41 million, and total sales reached $344.73 million.

During an interview Wednesday on the Stoney & Jansen Show, Lakers legend and Hall of Famer James Worthy, a three-time NBA champ, was asked what he thinks of today's game and its heavy reliance on the three. And Worthy said the NBA has been ...

He offered that with a caveat though. "I'm just reporting what I was hearing at the Combine - and that is multiple people connected to other teams, agents, etc., the chatter at that Combine, the representation of that chatter is that Zach is very ...

Zach LaVine underwent arthroscopic surgery on his left knee on Tuesday in Los Angeles. Chicago Bulls executives are in Los Angeles to attend various agency pro days in advance of next month's NBA Draft and were in close contact with the two-time ...

K.C. Johnson of NBC Sports Chicago joined the Mully & Haugh Show on Tuesday morning to discuss LaVine's future. "The safe bet is still that Zach will return (to Chicago)," Johnson said. He offered that with a caveat though. "I'm just reporting what ...

Audacy (NYSE:AUD) reported first-quarter FY22 revenue growth of 14% year-on-year to $275.3 million, missing the consensus of $279.1 million. Core spot revenues were $173.9 million, up 14% Y/Y. Digital revenues were $58 million, up 16% Y/Y. Operating income for the quarter was $8.5 million, against an operating loss of $(8.2) million a year…

  Audacy (NYSE:AUD) reported its Q1 earnings results on Monday, May 9, 2022 at 08:00 AM. Here's what investors need to know about the announcement. Earnings Audacy missed estimated earnings by 11.11%, reporting an EPS of $-0.1 versus an estimate of $-0.09.