Cumulus Media Stock (NASDAQ:CMLS)


RevenueOwnershipFinancialsChartTranscripts

Previous Close

$1.52

52W Range

$1.29 - $5.51

50D Avg

$1.76

200D Avg

$3.17

Market Cap

$25.44M

Avg Vol (3M)

$31.87K

Beta

1.45

Div Yield

-

CMLS Company Profile


Cumulus Media Inc., an audio-first media company, owns and operates radio stations in the United States. It owns and operates 406 stations in 86 markets, as well as approximately 9,500 affiliated stations through Westwood One. The company's content portfolio includes sports, news, talk, and entertainment programming from various brands, including the NFL, the NCAA, the Masters, CNN, the AP, the Academy of Country Music Awards, and other partners. It also provides digital marketing services, such as email marketing, geo-targeted display and video solutions, website and microsite building, hosting, social media management, reputation management, and search engine marketing and optimization. The company serves advertisers through broadcast and on-demand digital, mobile, social, and voice-activated platforms. Cumulus Media Inc. was incorporated in 2002 and is based in Atlanta, Georgia.

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Industry

Broadcasting

Sector

Communication Services

Exchange

NASDAQ

ADR

-

Country

US

Employees

2,464

IPO Date

Aug 07, 2018

Website

CMLS Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 23Dec 22Dec 21
Broadcast Radio Revenue$594.55M$709.61M$710.17M
Spot Revenue$412.05M$479.83M$457.61M
Other Revenue$103.57M$101.59M$79.42M
Network Revenue$182.50M$229.77M$252.57M
Digital Revenue$146.43M$142.31M$126.87M

Fiscal year ends in Dec 23 | Currency in USD

CMLS Financial Summary


Dec 23Dec 22Dec 21
Revenue$844.55M$953.51M$916.47M
Operating Income$-41.28M$79.79M$69.12M
Net Income$-117.88M$16.23M$17.28M
EBITDA$-148.16M$158.61M$118.64M
Basic EPS$-0.01$0.83$0.84
Diluted EPS$-0.01$0.81$0.83

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q2 24Aug 02, 24 | 11:24 AM
Q1 24May 03, 24 | 12:00 AM
Q4 23Feb 27, 24 | 12:49 PM

Peer Comparison


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SALMSalem Media Group, Inc.
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LSXMAFormula One Group
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GTNGray Television, Inc.
SGASaga Communications, Inc.