Audacy, Inc. (AUD)

NYSE: AUD · IEX Real-Time Price · USD
0.736
+0.114 (18.27%)
At close: Aug 11, 2022 4:00 PM
0.760
+0.025 (3.331%)
Pre-market: Aug 12, 2022 7:02 AM EDT
18.27%
Market Cap 106.89M
Revenue (ttm) 1.27B
Net Income (ttm) 4.80M
Shares Out 145.33M
EPS (ttm) 0.04
PE Ratio 18.39
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 647,753
Open 0.643
Previous Close 0.622
Day's Range 0.640 - 0.740
52-Week Range 0.550 - 4.040
Beta 1.43
Analysts Buy
Price Target 1.02 (+38.7%)
Earnings Date Aug 5, 2022

About AUD

Audacy, Inc., a multi-platform audio content and entertainment company, engages in the radio broadcasting business in the United States. The company owns and operates radio stations in various formats, such as news, sports, talk, classic rock, urban, adult contemporary, alternative, country, and others, as well as offers integrated marketing solutions across its broadcast, digital, podcast, and event platforms. It also creates live and original events, including concerts and live performances, and crafted food and beverage events. The company w... [Read more...]

Industry Media
IPO Date Jan 29, 1999
Employees 3,586
Stock Exchange NYSE
Ticker Symbol AUD
Full Company Profile

Financial Performance

In 2021, Audacy's revenue was $1.22 billion, an increase of 14.94% compared to the previous year's $1.06 billion. Losses were -$3.57 million, -98.53% less than in 2020.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for AUD stock is "Buy." The 12-month stock price forecast is 1.02, which is an increase of 38.68% from the latest price.

Price Target
$1.02
(38.68% upside)
Analyst Consensus: Buy
Stock Forecasts

News

New Strong Sell Stocks for August 8th

COWN, AUD, and OGN have been added to the Zacks Rank #5 (Strong Sell) List on August 8, 2022.

Other symbols: COWNOGN

Audacy (AUD) Reports Q2 Loss, Lags Revenue Estimates

Audacy (AUD) delivered earnings and revenue surprises of -114.29% and 1.44%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Audacy Reports Second Quarter Results

PHILADELPHIA--(BUSINESS WIRE)--Audacy, Inc. (NYSE: AUD) today reported financial results for the quarter ended June 30, 2022. David J. Field, Chairman, President and Chief Executive Officer, stated: “Af...

Audacy, Inc. Receives Continued Listing Standards Notice From the NYSE

PHILADELPHIA--(BUSINESS WIRE)--Audacy, Inc. (NYSE: AUD) announced today that on August 1, 2022, the Company received notification from the New York Stock Exchange (the “NYSE”) that the Company's Class A...

Audacy (AUD) Reports Next Week: Wall Street Expects Earnings Growth

Audacy (AUD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Audacy, Inc. to Report 2022 Second Quarter Financial Results, Host Conference Call on August 5

PHILADELPHIA--(BUSINESS WIRE)--Audacy, Inc. (NYSE: AUD) will report its 2022 second quarter financial results before the market opens on Friday, August 5, 2022. The Company will host a conference call a...

BetMGM Expands BetQL Network Relationship as the Presenting Sportsbook Partner

PHILADELPHIA--(BUSINESS WIRE)--BetMGM will become the exclusive sportsbook of the BetQL Network, Audacy's network of sports betting content heard across its broadcast portfolio and digital platforms. Th...

Other symbols: MGM

Audacy Named to LinkedIn's Top Companies 2022: Media and Entertainment List

PHILADELPHIA--(BUSINESS WIRE)--Audacy has been named to LinkedIn's inaugural Top Companies 2022: Media and Entertainment list. Through this list, LinkedIn ranks the 25 best companies to grow a career in...

New Strong Sell Stocks for May 25th

ALGN, AUD, and BDX have been added to the Zacks Rank #5 (Strong Sell) List on May 25, 2022.

Other symbols: ALGNBDX

Audacy Clocks 14% Revenue Growth In Q1, Lags Consensus

Audacy (NYSE: AUD) reported first-quarter FY22 revenue growth of 14% year-on-year to $275.3 million, missing the consensus of $279.1 million. Core spot revenues were $173.9 million, up 14% Y/Y.

Audacy (AUD) Reports Q1 Loss, Misses Revenue Estimates

Audacy (AUD) delivered earnings and revenue surprises of 0% and 1.19%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Audacy Reports First Quarter Results

PHILADELPHIA--(BUSINESS WIRE)--Audacy, Inc. (NYSE: AUD) today reported financial results for the quarter ended March 31, 2022. David J. Field, President and Chief Executive Officer, stated: “I am please...

Audacy, Inc. to Report 2022 First Quarter Financial Results, Host Conference Call on May 9

PHILADELPHIA--(BUSINESS WIRE)--Audacy, Inc. (NYSE: AUD) will report its 2022 first quarter financial results before the market opens on Monday, May 9, 2022. The Company will host a conference call and s...

Audacy Plans 45 Volunteer Events Nationwide to Celebrate Earth Day as Part of Companywide 1Day1Thing Sustainability I...

PHILADELPHIA--(BUSINESS WIRE)--Audacy announced it will conduct 45 volunteer events nationwide to celebrate Earth Day as part of its 1Day1Thing Sustainability Initiative. The series of events, which wil...

Audacy Launches Audacy Digital Audience Network, the Highest Quality Addressable Audience in Audio

PHILADELPHIA--(BUSINESS WIRE)--Audacy announced today the launch of the Audacy Digital Audience Network (ADAN), an addressable aggregate of over 60 million listeners that other audio platforms and strea...

Audacy Reports Fourth Quarter and Full Year Results

PHILADELPHIA--(BUSINESS WIRE)--Audacy, Inc. (NYSE: AUD) today reported financial results for the quarter ended December 31, 2021. David J. Field, President and Chief Executive Officer, stated: “Audacy's...

Audacy Share Pop On Q4 Beat Led By Digital, Spot Radio Momentum

Audacy Inc (NYSE: AUD) reported fourth-quarter FY21 revenue growth of 8% year-on-year to $344.7 million, beating the consensus of $342.4 million. Core spot revenues were $218.4 million, up 10% Y/Y.

Provectus Announces New Executive Appointment Ushering in the Next Stage of Growth

NOOSAVILLE, Australia--(BUSINESS WIRE)-- #biotech--Provectus Algae (Provectus), an Australian synthetic biology company specializing in microalgal biomanufacturing technologies for the production of spe...

Audacy, Inc. to Report 2021 Fourth Quarter Financial Results, Host Conference Call on February 23

PHILADELPHIA--(BUSINESS WIRE)--Audacy, Inc. (NYSE: AUD) will report its 2021 fourth quarter financial results before the market opens on Wednesday, February 23, 2022. The Company will host a conference ...

Podchaser Partners With Audacy on Podcasting Insights to Enhance Podcasting Capabilities

PHILADELPHIA--(BUSINESS WIRE)--Podchaser, the most comprehensive podcast database, is partnering with and enhancing the podcasting capabilities of Audacy, the multi-platform audio content and entertainm...

Audacy Shares 2021 Social Impact Report, Highlighting Metrics From Company's Social Impact Platform

PHILADELPHIA--(BUSINESS WIRE)--Audacy has released its 2021 Social Impact Report to spotlight key achievements from its ongoing company-wide Audacy Serves initiative. The report encompasses the company'...

Audacy Elevates Sarah Foss to Its First Chief Technology Officer

PHILADELPHIA--(BUSINESS WIRE)--Audacy has elevated Sarah Foss to Chief Technology Officer, effective immediately. As Audacy's first Chief Technology Officer, Foss will spearhead the company's efforts to...

B. Riley Sees Audacy's Risk-Reward Profile Skewing Heavily To The Upside

B. Riley analyst Daniel Day upgraded  Audacy Inc (NYSE:AUD) to Buy from Neutral with a price target of $5, up from $4 (99.2% upside). The stock is trading near year-to-date lows, and the sentiment is "s...

Audacy Announces Multi-faceted Partnership With Hard Rock International

PHILADELPHIA, Dec. 9, 2021 /PRNewswire/ -- Audacy announced a multi-faceted partnership with Hard Rock International (HRI), one of the most globally recognized companies with venues in nearly 70 countri...

VideoProc Vlogger Ushers in Cinematic Motion Editing and Imitates Camera Movements

CHENGDU, China--(BUSINESS WIRE)---- $AUD #4k--VideoProc Vlogger takes motion editing in free NLE a big step forward, with the support of motion crop, keyframe controls, camera movement, etc.