Emmis Enjoys First Quarter

Radio revenue was up 17% at Emmis in the first quarter, and pro forma radio revenue was up 6%.
“With the debt refinancing we completed this quarter, we are on track for a record year,” Chairman/CEO Jeff Smulyan stated.
Overall, Emmis Communications reported net revenue of $161 million, up 14%; radio revenue was $74.7 million. The company also has television and publishing interests.