PHILADELPHIA (AP) _ Audacy, Inc. (AUD) on Friday reported a loss of $21.6 million in its first quarter.

The Philadelphia-based company said it had a loss of 16 cents per share. Losses, adjusted to extinguish debt, were 10 cents per share.

The radio broadcasting company posted revenue of $240.8 million in the period.

The company's shares closed at $4.80. A year ago, they were trading at $1.08.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AUD at https://www.zacks.com/ap/AUD

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