earnings
confidence high
sentiment neutral
materiality 0.65
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.