Cumulus Media Reports Operating Results for the Third Quarter 2024 [Yahoo! Finance]
Cumulus Media Inc. - Class A (CMLS)
Last cumulus media inc. - class a earnings: 2/21 08:01 am
Check Earnings Report
US:NASDAQ Investor Relations:
cumulus.com/investors
Company Research
Source: Yahoo! Finance
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 drive growth in our digital businesses, including in digital marketing services which increased revenue nearly 40% in the quarter; capitalizing on areas of improvement in national and political ad spending; maximizing operating cash flow; and improving operating leverage through ongoing expense reductions." Berner continued, "Looking forward, the advertising environment remains uncertain. Nonetheless, Cumulus has a valuable set of assets with which to navigate
Show less
Read more
Impact Snapshot
Event Time:
CMLS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CMLS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CMLS alerts
High impacting Cumulus Media Inc. - Class A news events
Weekly update
A roundup of the hottest topics
CMLS
News
- Spotify takes aim at YouTube with a new revenue-sharing program for creators [Business Insider]Business Insider
- UPDATE -- Upwave Welcomes Peter Daboll to its Advisory Program [Yahoo! Finance]Yahoo! Finance
- Cumulus Media Inc. (NASDAQ: CMLS) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Cumulus Media Inc. (NASDAQ: CMLS) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Cumulus Media Inc (CMLS) Q3 2024 Earnings Call Highlights: Digital Growth and Financial ... [Yahoo! Finance]Yahoo! Finance
CMLS
Earnings
- 11/1/24 - Miss
CMLS
Sec Filings
- 11/1/24 - Form 10-Q
- 11/1/24 - Form 8-K
- CMLS's page on the SEC website