Revenue Increased 7% Over 2Q’18 and 16% YTD Over 2018
YTD Adjusted EBITDA Increased By 15% to $3.9 million;
YTD Fully Diluted Earnings Per Share Grew to $0.08 from $0.05
Continued Sequential Growth of Number of Shows on Libsyn Platform, Increasing to 64,000
Shareholder Conference Call to be Held on Thursday, August 15 at 11:00 a.m. ET
Pittsburgh, PA – August 14, 2019
Liberated Syndication (OTCQB: LSYN) (“Libsyn”) announced today its financial results for the second quarter ended June 30, 2019.
“Continued growth in unique monthly audiences and notable new content at Libsyn, coupled with strong operating performance at Pair, drove Liberated Syndication’s robust second quarter financial results,” remarked Chris Spencer, Liberated Syndication CEO. “We have made great strides executing on our growth strategy, including launching a Spanish language podcast and further engaging with an ever-growing listener base. Our focus on offering our expanding customer base industry-leading services through Libsyn and Pair fuels our confidence in our ability to continue delivering in the second half of 2019 for our podcasters, our listeners, and our shareholders.”