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AUDACY, INC.

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Audacy : Points of Light Foundation Honors Audacy With a Civic 50 Greater Philadelphia Award Celebrating Superior Corporate Citizenship

07/01/2021 | 10:55am EDT

PHILADELPHIA, PA - July 1, 2021 - Audacy has been named a 2021 honoree of The Civic 50 Greater Philadelphia by Philadelphia Foundation, in partnership with Points of Light and local partners. Modeled after Points of Light's national program, The Civic 50 Greater Philadelphia provides a standard for corporate citizenship and showcases how employers use their time, skills and resources to drive social impact in their communities and company. This is a first-time regional effort to identify and celebrate civic-minded regional businesses in Pennsylvania, New Jersey and Delaware. The award was announced yesterday.

This announcement follows the publication of Audacy's first ever Social Impact report, which highlights the company's efforts in it six pillars of impact: Diversity, Equity and Inclusion, Civic Education, the Environment, Mental Health, Children's Health and Veteran and Service Members. The report also includes Audacy's COVID-19 response and how through local and national efforts, listeners were kept connected and informed - even during periods of social isolation.

'We are honored to be recognized as one of the region's most community-minded companies,' said Sarah Harris, Vice President of Social Impact, Audacy. 'And I am thrilled to share our national impact and commitment to supporting sound communities in our inaugural social impact report. Thank you to our employees, partners and neighbors for the incredible work you do to move people to action within our markets.'

'Philadelphia Foundation is proud to recognize Audacy's outstanding civic engagement,' said Pedro Ramos, President and Chief Executive Officer, Philadelphia Foundation. 'All of the 2021 honorees have demonstrated great passion and dedication to making a meaningful impact in the local communities they serve. It is this type of commitment that resonates throughout a region and sets the standard for corporate stewardship. We thank Audacy for their efforts and congratulate them on this exciting honor.'

View the Social Impact Report here.

To learn more about The Civic 50 Greater Philadelphia and honorees, please visit https://www.philafound.org/key-skills-hub/civic-50/civic-50-honorees/.

Audacy is committed to supporting the health and success of the communities that are the heart of its business. Audacy Serves is the Company's social impact platform that raises awareness of social issues and brings communities together for good. Audacy unites with its listeners and brands to support sound communities through several pillars of impact: mental health and anti-bullying, veterans and service members, children's health, the environment, civic education, and diversity, equity and inclusion.

Disclaimer

Audacy Inc. published this content on 01 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 July 2021 14:52:19 UTC.


ę Publicnow 2021
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Financials (USD)
Sales 2021 1 253 M - -
Net income 2021 23,6 M - -
Net Debt 2021 1 675 M - -
P/E ratio 2021 22,6x
Yield 2021 -
Capitalization 456 M 456 M -
EV / Sales 2021 1,70x
Capi. / Sales 2022 0,32x
Nbr of Employees 4 781
Free-Float 82,6%
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Mean consensus OUTPERFORM
Number of Analysts 5
Last Close Price 3,34 $
Average target price 4,65 $
Spread / Average Target 39,2%
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Managers and Directors
David J. Field Chairman, President & Chief Executive Officer
Richard J. Schmaeling Chief Financial Officer & Executive Vice President
Sarah Foss Chief Information Officer
Susan Larkin Chief Operating Officer
David J. Berkman Lead Independent Director
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