CMLS Stock Recent News

ATLANTA, June 12, 2024 (GLOBE NEWSWIRE) -- Cumulus Media (NASDAQ: CMLS) today announced the appointment of Kriston Aitken to Chief Human Resources Officer, effective July 1, 2024. Reporting to Mary G. Berner, President and CEO, Aitken will be responsible for Human Resources strategy and operations, talent management, compensation and benefits, and supporting the advancement of the company culture. She succeeds Todd McCarty, who will be retiring after nearly nine years with the company.

Cumulus Media (CMLS) came out with a quarterly loss of $0.85 per share versus the Zacks Consensus Estimate of a loss of $1.33. This compares to loss of $1.17 per share a year ago.

Cumulus (CMLS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Cumulus Media is simultaneously enacting a poison pill defense against a potential hostile takeover and embarking on a debt restructuring. The proposed debt restructuring aims to reduce total debt and extend its maturity to 2029. CMLS implemented short-term Shareholder Rights amidst a surge in stock accumulation by Renew Group Private Ltd., a Singapore-based company owned by Manoj Bhargava.

Cumulus Media (CMLS) came out with a quarterly loss of $2.60 per share versus the Zacks Consensus Estimate of a loss of $0.59. This compares to earnings of $0.54 per share a year ago.

ATLANTA, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) will host a conference call on Tuesday, February 27th at 8:30 AM ET to discuss its fourth quarter and full year 2023 operating results. A press release containing a summary of these results will be issued before the call at approximately 8:00 AM ET.

Cumulus Media Inc. (NASDAQ:CMLS ) Q3 2023 Earnings Conference Call October 27, 2023 8:30 AM ET Company Participants Collin Jones - EVP, Strategy & Development Mary Berner - President & Chief Executive Officer Frank Lopez-Balboa - Chief Financial Officer Conference Call Participants Michael Kupinski - Noble Capital Markets James Goss - Barrington Research Dan Day - B. Riley Securities Operator Good morning.

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Shares in Arena Group Holdings, owner of Sports Illustrated, were up 12% premarket after revealing it has sold a majority stake sale to billionaire Manoj Bhargava's Simplify Inventions. The deal entails Simplify acquiring a 65% stake in Arena, injecting $50 million cash, and pledging a $60 million ad commitment over five years.