lost $232.2 million, or 39 cents a share, in its third quarter, four cents wider than analysts' expectations, on a continued advertising slump.
The San Antonio radio company said third-quarter cash flow was 71 cents a share, slightly above the consensus estimate, and earnings before interest, taxes, depreciation and amortization of $556 million. Revenue was $2.3 billion in the latest quarter, up 46% from a year ago.
For the full year, the company expects to post
EBITDA of $1.7 billion.