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Last $11.33 USD
Change Today -0.12 / -1.05%
Volume 27.6K
ETM On Other Exchanges
New York
As of 8:04 PM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

entercom communications-cl a (ETM) Snapshot

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52 Week High
04/16/15 - $13.33
52 Week Low
10/1/14 - $7.86
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entercom communications-cl a (ETM) Details

Entercom Communications Corp. operates as a radio broadcasting company in the United States. The company owns and operates radio stations in various formats, such as news, talk, classic rock, adult contemporary, alternative, country, and others. It operates approximately 125 radio stations in 26 markets, including San Francisco, Atlanta, Boston, Miami, Seattle, San Diego, Denver, Portland, Sacramento, Kansas City, Indianapolis, Milwaukee, Austin, Norfolk, Buffalo, New Orleans, Memphis, Providence, Greensboro, Greenville/Spartanburg, Rochester, Madison, Wichita, Wilkes-Barre/Scranton, Springfield (MA), and Gainesville/Ocala. The company was founded in 1968 and is based in Bala Cynwyd, Pennsylvania.

1,434 Employees
Last Reported Date: 03/2/15
Founded in 1968

entercom communications-cl a (ETM) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $878.1K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $904.8K
Chief Operating Officer
Total Annual Compensation: $636.3K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $305.0K
Principal Accounting Officer, Vice President,...
Total Annual Compensation: $235.3K
Compensation as of Fiscal Year 2014.

entercom communications-cl a (ETM) Key Developments

Entercom Communications Corp. Promotes Louise Kramer as COO

Entercom Communications Corporation announced that it has promoted Louise Kramer as COO. Ms. Kramer is a media veteran who has been with Entercom since 2000, most recently serving as Station Group President. In this role, she spearheaded the company's reinvention efforts, focusing on enhancing the company's future growth and directly overseeing several of the company's markets. Ms. Kramer is a member of the company's Operating Committee and, since 2013, has served as chairperson. In her 30-year media career, Ms. Kramer has held leadership and management roles, including several positions with CBS prior to joining the company. She is a past chair of the RAB Board of Directors and the first woman to chair the RAB Board. She currently serves on the RAB Executive Committee.

Entercom Communications Corp. Appoints David Levy as Director

Entercom Communications Corp. announced that it has appointed David Levy to its board of directors. Since 2013, Mr. Levy has served as President of Turner Broadcasting System Inc., where he oversees all creative and business activity of the Turner signature entertainment networks-TBS, TNT, Turner Classic Movies, truTV, Cartoon Network, Boomerang and Adult Swim-and their digital brand extensions, as well as Turner Sports. Additionally, Mr. Levy is responsible for overseeing domestic revenue (both content distribution and advertising sales) for the Turner portfolio of networks including TNT, TBS, CNN, HLN, TCM, Cartoon Network, Adult Swim, Boomerang, truTV and CNN Airport Network.

Entercom Communications Corp. Announces Unaudited Earnings Results for the First Quarter Ended March 31, 2015; Provides Capital Expenditures Guidance for the Year 2015

Entercom Communications Corp. announced unaudited earnings results for the first quarter ended March 31, 2015. For the quarter, net revenues were $78,420,000, operating income was $9,253,000, loss before income taxes was $26,000 and net loss was $93,000 against net revenues of $78,235,000, operating income of $11,924,000, income before income taxes of $2,076,000 and net income of $1,363,000 a year ago. Capital expenditures were $1,994,000 against $1,633,000 a year ago. Adjusted EBITDA was $13,885,000 against $15,066,000 a year ago. Adjusted income before income taxes was $2,651,000 against $3,189,000 a year ago. Free cash flow was $3,385,000 against $4,689,000 a year ago. The company said its first quarter adjusted net income was $1.5 million or $0.04 per share, down from $1.8 million or $0.05 per share in the same quarter last year. The company expects capital expenditures for the year 2015 to be between $8 million and $9 million.


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