Radio One posts Q2 gains.

Story by Inside Radio
Link to Daily Markets' article: http://www.dailymarkets.com/stock/2012/08/02/radio-one-inc-reports-second-quarter-results/ 

Against an easy year-to-year comparison, Radio One reports core radio revenue grew 3% during the second quarter.  That compares to a 3% drop during the quarter a year earlier. Spot revenue grew at a stronger 7% rate, but CEO Alfred Liggins says the timing of the annual One Love Gospel Cruise cut radio’s total Q2 revenue growth.  

He says the division is currently pacing up high-single digits in third quarter with political revenues likely to strengthen their results.