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home / articles / us broadcasting firm cumulus media stock is tanking mwn benzinga

CMLS - US Broadcasting Firm Cumulus Media Stock Is Tanking After Q3 Performance - Here's Why | Benzinga

Cumulus Media Inc.

Cumulus Media Inc (NASDAQ: CMLS) reported third-quarter net revenue of $207.42 million, a decline of 11% year-over-year, marginally missing the consensus of $207.47 million.

EPS of $0.16, down from $0.45 Y/Y.

Total broadcast radio revenue declined by 17.4% Y/Y to $146.25 million. Generated digital ...

Full story available on Benzinga.com
Stock Information
Company Name: Cumulus Media Inc.
Stock Symbol: CMLS
Market: NASDAQ
Website: cumulusmedia.com
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