Cumulus Media (CMLS) Misses Q4 EPS by 7c
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Cumulus Reports Operating Results for Fourth Quarter and Full Year 2014
March 2, 2015 4:02 PM ESTATLANTA, March 2, 2015 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (Nasdaq: CMLS) (the "Company," "we," "us," or "our") today announced operating results for the three months and year ended December 31, 2014.
Operating highlights are as follows (in thousands, except percentages) (footnotes follow):
 Three Months Ended December 31,  Actual Pro Forma (3)  2014 2013 % Change 2013 % Change Net revenue (1) $ 329,247 $ 275,458 19.5% $ 328,264 0.3% Adjusted EBITDA (2) $ 90,419 $ 83,928 7.7% $ 96,416 (6.2)%    ... More