PHILADELPHIA (AP) — Entercom Communications Corp. (ETM) on Friday reported third-quarter profit of $38.2 million.

On a per-share basis, the Philadelphia-based company said it had profit of 28 cents.

The radio broadcasting company posted revenue of $386.1 million in the period.

The company's shares closed at $3.68. A year ago, they were trading at $7.37.


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