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Entercom Communications' (ETM) CEO David Field on Q3 2017 Results - Earnings Call Transcript

Nov. 04, 2017 3:58 PM ETAudacy, Inc. (AUDA)
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Entercom Communications Corp (ETM) Q3 2017 Results Conference Call November 2, 2017 10:00 AM ET


Rich Schmaeling - CFO and EVP

David Field - CEO, President & Director


Marci Ryvicker - Wells Fargo

Kyle Evans - Stephens

Aaron Watts - Deutsche Bank

Lance Vitanze - Cowen

Brandon Osten - Venator


Good morning, and welcome to Entercom's Third Quarter 2017 Earnings Release Conference Call. [Operator Instructions] This conference is being recorded. I now would like to introduce your first speaker for today's call, Mr. Rich Schmaeling, CFO and Executive Vice President. Sir, you may begin.

Rich Schmaeling

Thank you, Anderson. I'd like to welcome you to Entercom's earnings conference call. This call is being recorded. A replay will be available on our company website shortly after the conclusion of today's call and available by telephone at the replay number noted in our release.

Should the company make any forward-looking statements, such statements are based upon current expectations and involve risks and uncertainties. The company's actual results could differ materially from those projected. Additional information concerning factors that could cause actual results to differ materially are described in the company's SEC filings on Form S-4, 10-Q, 10-K and 8-K. We assume no obligation to update any forward-looking statements.

During this call, we may make reference to certain non-GAAP financial measures. We refer you to our website at entercom.com for a reconciliation of such measures and other pro forma financial information.

And now I'll turn the call over to David Field.

David Field

Thanks, Rich. Good morning, everybody. Welcome to our third quarter earnings call. These are exciting times at Entercom as we countdown the days before closing our game-changing merger with CBS Radio. As you may have heard, we received DOJ clearance of our merger yesterday and with the CBS exchange offer well underway, we are now

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