Cumulus: 3Q Earnings Snapshot

November 11, 2019 GMT

ATLANTA (AP) _ Cumulus Media Inc. (CMLS) on Monday reported third-quarter profit of $16.3 million.

On a per-share basis, the Atlanta-based company said it had net income of 81 cents.

The radio station owner posted revenue of $280.8 million in the period.

Cumulus shares have risen 26% since the beginning of the year. In the final minutes of trading on Monday, shares hit $13.65, a fall of almost 6% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CMLS at https://www.zacks.com/ap/CMLS