Emmis Communications says its stations in New York, Indianapolis and Austin out-performed their markets, based on Miller Kaplan-reported revenue for its fiscal quarter of March-April-May. But it tells the SEC “revenue declines at KPWR in Los Angeles and in our Chicago radio cluster [Alternative Q101 and classic rock "Loop” WLUP] caused us to fall short" in those markets. Across all the Emmis markets, Miller Kaplan reported a 5.7% gain for the total radio markets, while the Emmis operations averaged a gain of 3.1%. Another bruise to the balance sheet: losing the revenue from the successful Radio Slager operation in Hungary. The license was not renewed last Fall, in a move widely decried as favoring local Hungarian interests. In the same quarter of 2009, Emmis got more than $2.6 million in revenue from Radio Slager. Meanwhile in the U.S., Emmis founder/CEO Jeff Smulyan is attempting to take the company private. The latest Emmis quarter results had little effect on the trading in its common stock, “EMMS.” Volume was a bit higher than usual, but the price barely moved, as you can see here.