Audacy, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 316.97 million compared to USD 329.44 million a year ago. Net loss was USD 140.98 million compared to USD 4.76 million a year ago. Basic loss per share from continuing operations was USD 30.3 compared to USD 1.2 a year ago. Diluted loss per share from continuing operations was USD 30.3 compared to USD 1.2 a year ago.
For the nine months, sales was USD 911.7 million compared to USD 874.67 million a year ago. Net loss was USD 152.82 million compared to USD 24.98 million a year ago. Basic loss per share from continuing operations was USD 33 compared to USD 5.4 a year ago. Diluted loss per share from continuing operations was USD 33 compared to USD 5.4 a year ago.