Cumulus Media (CMLS) Reports Q2 Earnings; Guides Q3 Sales
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Cumulus Media Inc. (Nasdaq: CMLS) reports Q2 EPS of $0.70, which does not compare to the analyst estimate of $0.10. Revenues for the quarter were $83.6 million, versus the consensus of $84.50 million.
Sees Q3 sales down 3-4%.
Cumulus Media, Inc. engages in the acquisition, operation, and development of frequency modulation and amplitude modulation radio stations in mid-size radio markets in the United States.
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