KYW and WIP’s parent company, Audacy, has lost $1 billion since 2018. Execs say it can survive.

  • 📰 PhillyDailyNews
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 67%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Daily News | KYW and WIP’s parent company, Audacity, has lost $1 billion since 2018. Execs say it can survive.

with the Philadelphia radio giant’s stock price trading substantially below a $1 share, lower than the early weeks of the pandemic.

“We’ve all had some tough knocks,” Richard J. Schmaeling, the chief financial officer, told analysts last month in a conference. “But we think we can muscle our way through what looks to be a slowdown.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 89. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Porsche to enter stock market before end of 2022Volkswagen announces intention to float Porsche, triggering what could become one of world's largest listings even as inflation and energy woes send European stocks tumbling
Source: trtworld - 🏆 101. / 63 Read more »

Asian Stock Market: Mix sentiment prevails on volatile DXY, oil fails to sustain above $90.00Markets in the Asian domain are displaying a mixed performance as the US dollar index (DXY) has turned volatile ahead of the US ISM Services PMI data.
Source: FXStreetNews - 🏆 14. / 72 Read more »

5 Things to Know Before the Stock Market Opens TuesdayHere are the most important news items that investors need to start their trading day.
Source: nbcchicago - 🏆 545. / 51 Read more »