Recap: Audacy Q1 Earnings

Audacy 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.

Audacy missed estimated earnings by 11.11%, reporting an EPS of $-0.1 versus an estimate of $-0.09.

Revenue was up $34.53 million from the same period last year.

Last quarter the company beat on EPS by $0.03 which was followed by a 10.04% increase in the share price the next day.

Here's a look at Audacy's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.13		0.09	-0.13
EPS Actual	0.16	-0.04	0.01	-0.07
Revenue Estimate	342.35M	329.68M	308.24M	245.23M
Revenue Actual	344.73M	329.44M	304.46M	240.76M

To track all earnings releases for Audacy visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.