Cumulus: 3Q Earnings Snapshot
ATLANTA (AP) _ Cumulus Media Inc. (CMLS) on Thursday reported a third-quarter loss of $15.8 million, after reporting a profit in the same period a year earlier.
The Atlanta-based company said it had a loss of 78 cents per share.
The radio station owner posted revenue of $196.4 million in the period.
Cumulus shares have fallen 71% since the beginning of the year. The stock has fallen 62% in the last 12 months.