Audacy, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 299.17 million compared to USD 316.97 million a year ago. Net loss was USD 234.33 million compared to USD 140.98 million a year ago. Basic loss per share from continuing operations was USD 49.64 compared to USD 30.35 a year ago. Diluted loss per share from continuing operations was USD 49.64 compared to USD 30.35 a year ago.
For the nine months, sales was USD 857.31 million compared to USD 911.7 million a year ago. Net loss was USD 396.04 million compared to USD 152.82 million a year ago. Basic loss per share from continuing operations was USD 84.29 compared to USD 32.92 a year ago. Diluted loss per share from continuing operations was USD 84.29 compared to USD 32.92 a year ago.