Regent Communications (NASDAQ:RGCI) will hold a conference call on Monday, May 5 at 9:00 am to discuss the first quarter earnings for 2008. Interested parties may access the call by dialing 973-935-98767 ten minutes before the call and entering the reference code 43225823. The call will also be available at regentcomm.com via webcast under the Investor Relations section.
Regent Communications, Inc. (Regent) a radio broadcasting company focused on acquiring, developing and operating radio stations in mid-sized markets. The Company owns 49 frequency modulation (FM) and 13 amplitude modulation (AM) radio stations in 13 markets in
Virtually all of the Company’s revenue is generated from the sale of local, regional and national advertising for broadcast on its radio stations. During the year ended December 31, 2007, approximately 85% of Regent’s net broadcast revenue was generated from the sale of locally driven advertising.
Additional broadcast revenue is generated from the sale of national advertising, network compensation payments and other miscellaneous transactions. The major categories of the Company’s advertisers include automotive, retail, telecommunications and entertainment. Subsequent to December 31, 2007, Regent disposed six of its radio stations.
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