|Bid||17.50 x 1200|
|Ask||35.85 x 800|
|Day's Range||17.71 - 18.71|
|52 Week Range||9.70 - 26.00|
|Beta (3Y Monthly)||-54.76|
|PE Ratio (TTM)||0.58|
|Earnings Date||May 13, 2019 - May 17, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||23.50|
They are in top leadership roles at companies including Coca-Cola, Home Depot, Veritiv, Aflac, SunTrust Banks and TSYS.
Announces Agreement to Sell KLOS-FM to Meruelo Media for $43 million Enters into Swap Agreement with Connoisseur Media to Acquire Four Stations in Allentown, PA ATLANTA, Ga.,.
LOS ANGELES , April 15, 2019 /PRNewswire/ -- Meruelo Group announced today that its media division, Meruelo Media, entered into an agreement with Cumulus Media Inc. to purchase KLOS-FM in ...
Changes in capital structure often tend to present attractive investment opportunities, particularly in small-cap stocks. The need for restructuring usually arises from excessively high debt levels, and the valuations within small caps tend to crash with the rising uncertainty associated with restructuring. A recent victim of this situation is Cumulus Media Inc. (CMLS), one of the industry leaders in radio broadcasting, which declared bankruptcy last year due to colossal debt.
World Wrestling (WWE) is on track with its strategic deals to increase revenues. Also, the company benefits from its focus on increasing original content, subscriber growth and rise in TV rights fees.
The Atlanta-based company said it had profit of $2.18 per share. Earnings, adjusted for pretax gains, came to $1.18 per share. The radio station owner posted revenue of $309.2 million in the period. Cumulus ...
Reports Q4 Net Revenue Growth of 5.2% and Adjusted EBITDA Growth of 31.6% Reports Full Year Revenue Growth of 0.4% and Adjusted EBITDA Growth of 7.6% ATLANTA, March 18, 2019.
Expects to Report Q4 Net Revenue Growth of +5% and Adjusted EBITDA Growth of +30% (1) Expects to Report Full Year Adjusted EBITDA Growth of +7% (1) Announces Conference.
Moody's Investors Service (Moody's) says Cumulus Media Inc.'s (("Cumulus") parent company of Cumulus Media New Holdings Inc.) asset sales and swaps are a credit positive, but ratings are unchanged. Cumulus entered into an agreement to sell six stations to non-profit, Educational Media Foundation for $103.5 million in cash and are expected to generate net cash proceeds of $80 to $90 million. Cumulus also entered into an asset swap with Entercom Communications Corp. where Cumulus will receive three stations in Indianapolis in exchange for three stations located in New York and Springfield, MA.
The Bala Cynwyd-based company adds another property in New York and two in Springfield, Mass. while exiting Indianapolis.
Selling Six Stations to Educational Media Foundation for $103.5 Million;Net Proceeds to Pay Down Debt and Reinvest in Growth Opportunities Swapping Three Stations with Entercom.
Veritone Inc. (VERI), the creator of the world’s first operating system for artificial intelligence, aiWARE™, today announced an expanded agreement with Cumulus Media, the second largest owner and operator of radio stations in the U.S., to license the aiWARE technology to provide near real-time advertising intelligence and insights for Cumulus' advertisers and sponsors. Under this agreement, Cumulus Media radio stations in the top 50 markets will be able to leverage Veritone’s artificial intelligence platform to quantify results through increased transparency, metrics, and analytics for both spot-based and endorsement-based advertising campaigns.
ATLANTA, Nov. 13, 2018 -- Cumulus Media Inc. (NASDAQ: CMLS) (the “Company,” “we,” “us,” or “our”) today announced operating results for the three and nine months ended.
ATLANTA, Nov. 05, 2018 -- Cumulus Media Inc. (NASDAQ: CMLS) will host a conference call on Tuesday, November 13th at 4:30 PM EST to discuss its third quarter 2018 operating.