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Regent Q4 Revenues Fall
March 3, 2006 at 6:36 AM (PT)
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REGENT COMMUNICATIONS fourth quarter revenues fell 3.6% to $21.3 million and the company's income fell from profits of $2.5 million to a loss of $10.7 million (+6 to -26 cents/share), as a soft ad market and the loss of political ads for the quarter took their toll. The company expects first quarter revenues of $18-$18.4 million and net income remaining flat or falling 1 cent/share year-to-year.

