Indianapolis – Emmis Communications Corporation (NASDAQ: EMMS) today announced revenues and cash flow results for its fourth fiscal quarter ending Feb. 28, 2002. Net revenue for the quarter was $116.9 million, Broadcast Cash Flow (BCF) was $30.6 million, and After Tax Cash Flow (ATCF) for the quarter was $7.5 million or $0.16 per basic share. […]
EMMIS NAMES MCKERNAN VP/GM OF OMAHA’S KMTV
Indianapolis – Emmis Communications Corporation (Nasdaq: EMMS), today announced the promotion of Jim McKernan to Vice President/General Manager of Omaha’s KMTV3-CBS, effective April 8, 2002. McKernan, 44, has served as General Sales Manager of KMTV since March 1, 2001. He replaces Chris Leister, who has accepted a position as Senior Vice President of National Sales […]
EMMIS CLOSES STOCK OFFERING OF CLASS A COMMON SHARES
Indianapolis – Emmis Communications Corporation (NASDAQ: EMMS) today announced that it closed its offering of 4.6 million Class A common shares. The company raised $120.2 million in net aggregate proceeds, which it intends to use to repay outstanding indebtedness under its credit facility and possibly to redeem or repurchase some of its outstanding 121/2% senior […]