---
schema_version: "secwatch.filing_event.v1"
accession: "0001058623-24-000105"
form_type: "8-K"
ticker: "CMLS"
cik: "0001058623"
company_name: "CUMULUS MEDIA INC"
filed_at: "2024-11-01T23:59:59+00:00"
generated_at: "2026-05-30T06:47:53.915517+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Cumulus Media Q3 2024: revenue down 1.8% to $203.6M, net loss of $10.3M

## Summary
- Revenue $203.6M (down 1.8% YoY); net loss $10.3M vs net income $2.7M in Q3 2023.
- Adjusted EBITDA $24.1M, down 10.7% from $26.9M in Q3 2023.
- Digital revenue $40.0M (+7.5%); digital marketing services revenue grew 38% YoY.
- Spot broadcast radio revenue fell 9.0% to $96.4M; network revenue up 5.5% to $42.6M.
- Total debt at maturity $642.1M; cash $52.2M; net debt less unamortized discount $590.0M.

## SEC filing metadata
- accession: 0001058623-24-000105
- form_type: 8-K
- ticker: CMLS
- cik: 0001058623
- company_name: CUMULUS MEDIA INC
- filed_at: 2024-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1058623/000105862324000105/0001058623-24-000105-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1058623/000105862324000105/cmls-20241101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001058623-24-000105
- JSON: https://secwatch.observer/filing/0001058623-24-000105.json
- Plain text: https://secwatch.observer/filing/0001058623-24-000105.txt

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