CMLS Stock Recent News
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ATLANTA, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) will host a conference call on Thursday, February 23rd at 8:30 AM ET to discuss its fourth quarter and full year 2022 operating results. A press release containing a summary of these results will be issued before the call at approximately 8:00 AM ET.
(Kitco News) - Cumulus Data will begin offering nuclear-powered Bitcoin mining at the Cumulus Susquehanna data center in Pennsylvania by the end of the first quarter of 2023.
Investors need to pay close attention to Cumulus Media (CMLS) stock based on the movements in the options market lately.
The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.
WIRE, CMLS and ETD made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 31, 2022.
CMLS announced earnings which were not as bad as some had feared, helping push shares higher by nearly 9% on the session. Digital revenues now account for 15% of the company's total revenues, which still trails radio peers.
Cumulus Media Inc. (NASDAQ:CMLS ) Q3 2022 Earnings Conference Call October 28, 2022 8:30 AM ET Company Participants Collin Jones - Executive Vice President of Strategy and Development Mary Berner - President and Chief Executive Officer Frank Lopez-Balboa - Chief Financial Officer Conference Call Participants Michael Kupinski - Noble Capital Markets Aaron Watts - Deutsche Bank Dan Day - B. Riley Securities Jim Goss - Barrington Research Operator Good morning ladies and gentlemen.
Cumulus (CMLS) delivered earnings and revenue surprises of 10.20% and 0.44%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
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Cumulus Media offers 405 radio stations and across 86 markets. Management reduced the total amount of debt, and the company expects to deliver sales growth.