secwatch.observer — SEC 8-K summary
======================================

Issuer:     CUMULUS MEDIA INC (CMLS)
CIK:        0001058623
Form:       8-K
Filed at:   2026-04-29T23:59:59+00:00
Accession:  0001058623-26-000028
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1058623/000105862326000028/0001058623-26-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1058623/000105862326000028/cmls-20260429.htm
  HTML page:      https://secwatch.observer/filing/0001058623-26-000028

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer