Audacy, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 259.64 million compared to USD 275.3 million a year ago. Net loss was USD 35.9 million compared to USD 11.07 million a year ago.

Basic loss per share from continuing operations was USD 7.5 compared to USD 2.4 a year ago. Diluted loss per share from continuing operations was USD 7.5 compared to USD 2.4 a year ago.