Cumulus Media (CMLS) Misses Q3 EPS by 6c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- S&P 500 falls from record high as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
Cumulus Reports Operating Results for Third Quarter 2014
November 10, 2014 4:02 PM ESTATLANTA, Nov. 10, 2014 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (Nasdaq: CMLS) (the "Company," "we," "us," or "our") today announced operating results for the three and nine months ended September 30, 2014.
Operating highlights are as follows (in thousands, except percentages) (footnotes follow):
 Three Months Ended September 30,  Actual Pro Forma (1)  2014 2013 % Change 2013 % Change Revenue:       Broadcast advertising  $ 287,636  $ 248,523 15.7%  $ 300,095 (4.2)%  Digital advertising 12,632 5,379 134.8% 5,963 111.8%  Political advertising 4,341 1,258 245.1% 1,394 211.4%  License fees & other 9,276 7,375 25.8% 6,516 42.4% Net revenue (2)  $ 313,885  $ 262,535 19.6%  $ 313,968 % Adjusted EBITDA (3)... More