This & that.Emmis Communications Emmis Communications (NASDAQ: EMMS) is a media conglomerate based in Indianapolis, Indiana. The company owns radio and television stations and magazines in the United States, Belgium, Hungary and Slovakia. , owner of local stations KPWR-FM (105.9) and KZLA-FM (93.9) as well as Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. and Tu Ciudad magazines, reported its revenues grew 10 percent to $387 million in fiscal 2006, which ended in February. However, KDP KDP Kurdistan Democratic Party KDP Kappa Delta Pi (Education Honors Society) KDP Kurdish Democratic Party KDP Key Decision Point KDP Key Data Processor KDP Potassium Di-hydrogen Phosphate KDP Keyboard Data Processing Investment Advisors said the company missed its estimates "due to challenging market conditions in Los Angeles and New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. " markets. Emmis predicted sales at its radio stations would show a percentage decline in the mid-single digits during the first quarter of fiscal 2007, which ends in May. The company's stock trades in the $13.20 range, more than 30 percent lower than at the beginning of 2006. Staff reporter Joel Russell can be reached at (323) 549-5225, ext. 237, or at jrussell@labusiness journal.com. |
|
||||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion