CUMULUS MEDIA Reports Operating Results for 2020

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Cumulus Media (CMLS) Misses Q4 EPS by 3c, Revenues Beat

February 23, 2021 8:04 AM EST

Cumulus Media (NASDAQ: CMLS) reported Q4 EPS of ($0.01), $0.03 worse than the analyst estimate of $0.02. Revenue for the quarter came in at $245.9 million versus the consensus estimate of $239.23 million.

Mary G. Berner, President and Chief Executive Officer of CUMULUS MEDIA, said, "Given 2020s... More