Cumulus Media Q2 EPS $(0.52) Up From $(0.74) YoY, Sales $167.907M Down From $186.017M YoY
Cumulus Media (OTC:CMLS) reported quarterly losses of $(0.52) per share. This is a 29.73 percent increase over losses of $(0.74) per share from the same period last year. The company reported $167.907 million in sales
Cumulus Media lost less money per share than last year, which is good, but the company made less total money from selling things, which is concerning. When a company loses less money, watch if it can keep improving—but dropping sales might mean it's struggling to grow its business.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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