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Cumulus: 3Q Earnings Snapshot

November 5, 2020 GMT

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.


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