|Bid||18.65 x 1100|
|Ask||18.89 x 1000|
|Day's Range||18.50 - 19.10|
|52 Week Range||9.70 - 26.00|
|Beta (3Y Monthly)||-68.20|
|PE Ratio (TTM)||0.54|
|Earnings Date||Aug 19, 2019 - Aug 23, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||22.33|
Meredith (MDP) witnesses solid earnings and revenue growth in third-quarter fiscal 2019 due to strong performance across segments. However, a slashed EBITDA and earnings view hurts investor sentiment.
On a per-share basis, the Atlanta-based company said it had net income of 2 cents. The radio station owner posted revenue of $267.5 million in the period. Cumulus shares have climbed 57% since the beginning ...
ATLANTA, May 09, 2019 -- Cumulus Media Inc. (NASDAQ: CMLS) (the “Company,” “we,” “us,” or “our”) today announced operating results for the three months ended March 31, 2019..
On Thursday, May 9, Cumulus Media (NASDAQ: CMLS ) will release its latest earnings report. Benzinga's outlook for Cumulus Media is included in the following report. Earnings and Revenue Wall Street analysts ...
Cumulus Media Inc. [NASDAQ: CMLS] (the “Company,” “Cumulus,” “we,” “us,” or “our”) today announced that it has appointed Brian Philips as Executive Vice President, Content and Audience, effective May 6, 2019. Mr. Philips will report to Mary G. Berner, President and Chief Executive Officer of Cumulus Media. Mr. Philips brings to Cumulus Media more than 30 years of leadership and programming experience across a range of media.
ATLANTA, April 25, 2019 -- Cumulus Media Inc. (NASDAQ: CMLS) will host a conference call on Thursday, May 9th at 4:30 PM EDT to discuss its first quarter 2019 operating.
World Wrestling Entertainment's (WWE) Q1 revenues decline year over year due to fall in live event ticket revenue and lower merchandise sales.
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.