Audacy reports second quarter results

Philadelphia--(business wire)--audacy, inc. (nyse: aud; otc: auda) today reported financial results for the quarter ended june 30, 2023. second quarter summary net revenues for the quarter were $298.5 million, down 6.6% compared to $319.4 million in the second quarter of 2022. local spot was down 3.7%, while national spot was down 16.6% digital revenues, were $66.7 million, down 4% compared to the second quarter of 2022. local digital outperformed national, increasing 7.1% year-over-year total.
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