Reported Earlier, Cumulus Media Announces Selected Preliminary Q1 Results: Expects To Report Net Revenue Of $199M-$201M, And Net Loss Of $(14.9)M-$(13.4)M

4/19/24 1:32:27 AM ET

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Consumer Discretionary

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For the three months ended March 31, 2024, the Company expects to report net revenue in a range of $199.0 million to $201.0 million, net loss in a range of $(14.9) million to $(13.4) million, and Adjusted EBITDA(1) in a range of $7.65 million to $9.15 million. The Company will issue a press release reporting its first quarter 2024 operating results at approximately 8:00 AM EDT on Friday, May 3rd and will host a conference call to discuss these results at 8:30 AM EDT that day. Conference call details can be found later in this press release.

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Recent Analyst Ratings for
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Date	Price Target	Rating	Analyst
5/5/2022	$21.00	Outperform	Barrington Research

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Cumulus Media Reports Operating Results for the Third Quarter 2024
Increased Digital Marketing Services Revenue by 38%, Total Digital Revenue by 8% Reported Q3 Total Revenue of $204 Million, Down 1.8%, in Line with Pacing Guidance ATLANTA, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ:CMLS) (the "Company," "Cumulus Media," "we," "us," or "our") today announced operating results for the three and nine months ended September 30, 2024. Mary G. Berner, President and Chief Executive Officer of Cumulus Media, said, "During the third quarter, we delivered revenue and EBITDA in-line with pacing commentary and analyst estimates. Given the market challenges, we maintained our focus on what we can control. Specifically, we continued investing to d
11/1/24 8:01:37 AM ET
$CMLS
Broadcasting
Consumer Discretionary
Cumulus Media and TuneIn Expand Content Partnership Agreement
ATLANTA and SAN FRANCISCO, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Cumulus Media, a top audio-first media company, and TuneIn, the world's leader in live audio, today announced that they have renewed and expanded their existing content partnership. Under the terms of the deal, TuneIn will continue to make Cumulus Media's high-quality local sports, news, talk and entertainment programming available to its 75 million monthly global listeners. The extended agreement also includes a new, non-exclusive sales and supply partnership to optimize digital audio advertising monetization for Cumulus' diverse radio stations. Cumulus Media owns and operates 400 radio stations across 84 markets with an extens
10/29/24 8:31:00 AM ET
$CMLS
Broadcasting
Consumer Discretionary
Cumulus Media Announces Conference Call to Discuss Third Quarter 2024 Operating Results
ATLANTA, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ:CMLS) will host a conference call on Friday, November 1st at 8:30 AM ET to discuss its third quarter 2024 operating results. A press release containing a summary of these results will be issued before the call at approximately 8:00 AM ET. To participate in the conference call, please register in advance using this link. NetRoadshow (NRS) is the service provider for this call. Registration requires a one-time only email address verification. Upon completing registration, a calendar invitation will follow with call access details, including a unique PIN, and replay details. The conference call will also be broadcast live
10/21/24 8:01:00 AM ET
$CMLS
Broadcasting
Consumer Discretionary

Cumulus Media Reports Operating Results for the Third Quarter 2024
Increased Digital Marketing Services Revenue by 38%, Total Digital Revenue by 8% Reported Q3 Total Revenue of $204 Million, Down 1.8%, in Line with Pacing Guidance ATLANTA, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ:CMLS) (the "Company," "Cumulus Media," "we," "us," or "our") today announced operating results for the three and nine months ended September 30, 2024. Mary G. Berner, President and Chief Executive Officer of Cumulus Media, said, "During the third quarter, we delivered revenue and EBITDA in-line with pacing commentary and analyst estimates. Given the market challenges, we maintained our focus on what we can control. Specifically, we continued investing to d
11/1/24 8:01:37 AM ET
$CMLS
Broadcasting
Consumer Discretionary
Cumulus Media Announces Conference Call to Discuss Third Quarter 2024 Operating Results
ATLANTA, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ:CMLS) will host a conference call on Friday, November 1st at 8:30 AM ET to discuss its third quarter 2024 operating results. A press release containing a summary of these results will be issued before the call at approximately 8:00 AM ET. To participate in the conference call, please register in advance using this link. NetRoadshow (NRS) is the service provider for this call. Registration requires a one-time only email address verification. Upon completing registration, a calendar invitation will follow with call access details, including a unique PIN, and replay details. The conference call will also be broadcast live
10/21/24 8:01:00 AM ET
$CMLS
Broadcasting
Consumer Discretionary
Cumulus Media Reports Operating Results for the Second Quarter 2024
Completed Highly Successful Debt Exchange That Reduced Our Debt Obligations Under Our Debt Instruments by Approximately $33 Million, Extended Maturities to 2029, Obtained Favorable Interest Rates, and Preserved Structure Free of Financial Maintenance Covenants Upsized ABL Facility by 25% to $125 Million and Extended Maturity to 2029 Reported Q2 Total Revenue of $205 Million, Down 2.5%, in Line with Pacing Guidance Increased Digital Marketing Services Revenue by 24%, Total Digital Revenue by 5% ATLANTA, Aug. 02, 2024 (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
8/2/24 8:01:03 AM ET
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Leadership Updates

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Cumulus Media Promotes Kriston Aitken to Chief Human Resources Officer
ATLANTA, June 12, 2024 (GLOBE NEWSWIRE) -- Cumulus Media (NASDAQ:CMLS) today announced the appointment of Kriston Aitken to Chief Human Resources Officer, effective July 1, 2024. Reporting to Mary G. Berner, President and CEO, Aitken will be responsible for Human Resources strategy and operations, talent management, compensation and benefits, and supporting the advancement of the company culture. She succeeds Todd McCarty, who will be retiring after nearly nine years with the company. Aitken joined Cumulus Media in 2016 and has held the position of Senior Vice President of Human Resources for the past two years. With a career spanning nearly two decades, Aitken has a wealth of experience
6/12/24 1:00:00 PM ET
$CMLS
Broadcasting
Consumer Discretionary
Washington Spirit Announces the Club's First-Ever Radio Partnership
Washington, D.C., May 15, 2024 (GLOBE NEWSWIRE) -- The Washington Spirit and ESPN 630, DC's premier live and local sports radio station, will team up to broadcast 13 regular season matches in the Spirit's first-ever radio partnership, the club announced today. The partnership will begin on Saturday, May 18 when the Washington Spirit faces Angel City FC and will extend throughout the 2024 season. Match audiocasts will stream live directly to WashingtonSpirit.com, as well as the ESPN 630 app and website. "There is a demand for Washington Spirit matches and partnering with a renowned brand such as ESPN 630 was a great partnership decision to ensure the Spirit is as accessible as possible f
5/15/24 10:00:00 AM ET
$CMLS
Broadcasting
Consumer Discretionary
Cumulus Media's Westwood One Presents Exclusive Full-Court Audio Coverage of the 2024 NCAA® Division I Men's and Women's Basketball Final Four® and National Championship Games on Multiple Platforms
Westwood One's Final Four® Coverage Connects College Hoops Fans across Multiple Platforms – 500+ Radio Stations, SiriusXM, NCAA March Madness Live™; via Free Online Streaming at WestwoodOneSports.com, The Varsity Network App & on Alexa-Enabled Devices; also Available with TuneIn Premium Network's Coverage Includes the Men's Final Four and National Championship Games in Spanish, Presented by Werner Ladder Westwood One's Women's Final Four is Presented by Intuit TurboTax NEW YORK, April 04, 2024 (GLOBE NEWSWIRE) -- Cumulus Media's Westwood One (NASDAQ:CMLS), the largest radio network in the U.S. and the exclusive national audio broadcast partner of the NCAA, will present comprehensiv
4/4/24 8:00:00 AM ET
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Reported Earlier, Cumulus Media Announces Selected Preliminary Q1 Results: Expects To Report Net Revenue Of $199M-$201M, And Net Loss Of $(14.9)M-$(13.4)M

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Recent Analyst Ratings for $CMLS

$CMLS Press Releases

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Cumulus Media Reports Operating Results for the Third Quarter 2024

Cumulus Media and TuneIn Expand Content Partnership Agreement

Cumulus Media Announces Conference Call to Discuss Third Quarter 2024 Operating Results

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Barrington Research initiated coverage on Cumulus Media with a new price target

Cumulus Media upgraded by B. Riley FBR with a new price target

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Farrington Deborah A was granted 29,069 shares, increasing direct ownership by 86% to 62,786 units (SEC Form 4)

Kushner Brian was granted 29,069 shares, increasing direct ownership by 40% to 101,446 units (SEC Form 4)

Castro Thomas H was granted 29,069 shares, increasing direct ownership by 40% to 101,446 units (SEC Form 4)

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SEC Form SC 13G filed by Cumulus Media Inc.

SEC Form SC 13D filed by Cumulus Media Inc.

SEC Form SC 13G/A filed by Cumulus Media Inc. (Amendment)

Cumulus Media Reports Operating Results for the Third Quarter 2024

Cumulus Media Announces Conference Call to Discuss Third Quarter 2024 Operating Results

Cumulus Media Reports Operating Results for the Second Quarter 2024

SEC Form 10-Q filed by Cumulus Media Inc.

Cumulus Media Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

SEC Form 10-Q filed by Cumulus Media Inc.

$CMLS Leadership Updates

Live Leadership Updates

Cumulus Media Promotes Kriston Aitken to Chief Human Resources Officer

Washington Spirit Announces the Club's First-Ever Radio Partnership

Cumulus Media's Westwood One Presents Exclusive Full-Court Audio Coverage of the 2024 NCAA® Division I Men's and Women's Basketball Final Four® and National Championship Games on Multiple Platforms

$CMLS Market Insights

Live Market Insights

Why VivoPower International Shares Are Trading Higher By Around 31%; Here Are 20 Stocks Moving Premarket

Why Skye Bioscience Shares Are Trading Lower By 19%? Here Are Other Stocks Moving In Monday's Mid-Day Session

Why KKR Shares Are Trading Higher By 10%; Here Are 20 Stocks Moving Premarket

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