Cumulus Media (CMLS) Misses Q2 EPS by 11c

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Go back to Cumulus Media (CMLS) Misses Q2 EPS by 11c

Cumulus Media Reports Operating Results for the Second Quarter 2022

August 3, 2022 4:02 PM EDT

Delivers Strong Results with Total Revenue Up 5% Led by Digital Revenue Growth of 20%

Recorded Net Income of $8.7 Million (+247%) and EBITDA of $45.5 Million (+23%)

Completed $25 Million Dutch Tender and Retired $50 Million of Debt

ATLANTA, Aug. 03, 2022 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) (the "Company," "Cumulus Media," "we," "us," or "our") today announced operating results for the three and six months ended June 30, 2022.

Mary G.... More