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Radio One gets a Q3 lift; Q4 to be flat

R

RBR-TVBR Buzz Stream

Net revenue was $118.4 million, up 7.7% from Q3 2012. The comp was $109.9 million in Q3 2012. Station operating income was $44.8 million, an increase of 9.7%. Radio One reported operating income of $21.8 million in the quarter, compared to $21.5 million in Q3 last year. Net loss was $13.2 million or $0.28 per share compared to a net loss of $13.1 million or $0.26 per share, for the same period in 2012.

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