---
schema_version: "secwatch.filing_event.v1"
accession: "0001058623-24-000100"
form_type: "8-K"
ticker: "CMLS"
cik: "0001058623"
company_name: "CUMULUS MEDIA INC"
filed_at: "2024-08-02T23:59:59+00:00"
generated_at: "2026-05-31T13:21:48.618194+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cumulus Media Q2 net loss widens to $27.7M; revenue down 2.5% YoY

## Summary
- Q2 revenue $204.8M (-2.5% YoY); net loss $27.7M vs $1.1M loss in Q2 2023.
- Adjusted EBITDA $25.2M, down 17.8% YoY; diluted loss per share $1.64.
- Digital revenue up 5% to $39.4M; digital marketing services grew 24% YoY.
- Completed debt exchange: reduced debt by ~$33M, extended maturities to 2029, ABL upsized to $125M.
- Fixed costs reduced by ~$4M YoY; cash from ops ex-exchange costs $8.3M.

## SEC filing metadata
- accession: 0001058623-24-000100
- form_type: 8-K
- ticker: CMLS
- cik: 0001058623
- company_name: CUMULUS MEDIA INC
- filed_at: 2024-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1058623/000105862324000100/0001058623-24-000100-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1058623/000105862324000100/cmls-20240802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001058623-24-000100
- JSON: https://secwatch.observer/filing/0001058623-24-000100.json
- Plain text: https://secwatch.observer/filing/0001058623-24-000100.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.