Cumulus Media Q1 net loss narrows to $16.9M; court approves reorganization plan

CUMULUS MEDIA INC

2026-Q1 EPS reported -$0.96 revenue$164,447,000

Net loss of $16.9M improved 47.9% YoY from $32.4M; diluted EPS loss $0.96 vs $1.88.
Net revenue $164.4M, down 12.2% from $187.3M in prior-year quarter.
Adjusted EBITDA fell 23.6% to $2.7M from $3.5M.
Court approval obtained for reorganization plan; FCC approval still pending.
Stock trades OTC (CMLS.Q) amid ongoing restructuring.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

CUMULUS MEDIA INC reported the three months ended March 31, 2026 results: revenue $164.4 million, net income net loss of $16.9 million, EPS Diluted loss per share $ (0.96).

Period: the three months ended March 31, 2026
Revenue: $164.4 million
Net income: net loss of $16.9 million
EPS: Diluted loss per share $ (0.96)
Result: reported results

Exact text from the filing

value creation." Operating Summary (dollars in thousands, except percentages and per share data): For the three months ended March 31, 2026, the Company reported net revenue of $164.4 million, a decrease of 12.2% from the three months ended March 31, 2025, net loss of $16.9 million and Adjusted EBITDA of $2.7 million. As Reported Three Months Ended March 31, 2026

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Source: SEC EDGAR

accession 0001058623-26-000028

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