Edition:
India

Cumulus Media Inc (CMLS.OQ)

CMLS.OQ on NASDAQ Stock Exchange Global Market

13.21USD
20 Sep 2019
Change (% chg)

$-0.37 (-2.72%)
Prev Close
$13.58
Open
$13.57
Day's High
$13.85
Day's Low
$13.02
Volume
381,834
Avg. Vol
40,843
52-wk High
$19.95
52-wk Low
$9.75

Latest Key Developments (Source: Significant Developments)

Cumulus Media Reports Qtrly Earnings Per Share $2.11
Thursday, 8 Aug 2019 

Aug 8 (Reuters) - Cumulus Media Inc ::CUMULUS MEDIA REPORTS OPERATING RESULTS FOR THE SECOND QUARTER 2019.CUMULUS MEDIA INC - QTRLY EARNINGS PER SHARE $2.11.CUMULUS MEDIA INC - QTRLY NET REVENUE$279.7 MILLION VERSUS $285.2 MILLION.  Full Article

Cumulus Media Makes $50 Million Voluntary Debt Prepayment
Monday, 22 Jul 2019 

July 22 (Reuters) - Cumulus Media Inc ::CUMULUS MEDIA MAKES $50 MILLION VOLUNTARY DEBT PREPAYMENT.CUMULUS MEDIA INC - REDUCES TOTAL DEBT BY APPROXIMATELY $250 MILLION SINCE EMERGING FROM CHAPTER 11.CUMULUS MEDIA INC - DEBT PREPAYMENT WAS FUNDED BY NET PROCEEDS FROM PREVIOUSLY ANNOUNCED SALE OF KLOS-FM TO MERUELO MEDIA.CUMULUS MEDIA - REDUCED DEBT BY ABOUT $250 MILLION SINCE EMERGING FROM CHAPTER 11 ON JUNE 4, 2018, BRINGING TOTAL DEBT TO ABOUT $1.05 BILLION.  Full Article

Cumulus Media Announces Upsizing And Pricing Of $500 Mln Offering Of Senior Secured First-Lien Notes
Thursday, 13 Jun 2019 

June 12 (Reuters) - Cumulus Media Inc ::CUMULUS MEDIA ANNOUNCES UPSIZING AND PRICING OF $500 MILLION OFFERING OF SENIOR SECURED FIRST-LIEN NOTES.CUMULUS MEDIA INC - UNIT HAS PRICED $500 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF 6.750% SENIOR SECURED FIRST-LIEN NOTES DUE 2026.CUMULUS MEDIA INC - UPSIZING REPRESENTS AN INCREASE OF $200 MILLION OVER AMOUNT PREVIOUSLY ANNOUNCED..  Full Article

In First Year Post-Emergence, Cumulus Media Achieves $200 Mln Debt Reduction Milestone
Wednesday, 5 Jun 2019 

June 5 (Reuters) - Cumulus Media Inc ::IN FIRST YEAR POST-EMERGENCE, CUMULUS MEDIA ACHIEVES $200 MILLION DEBT REDUCTION MILESTONE.CUMULUS MEDIA - DEBT PREPAYMENT IS BEING FUNDED BY NET PROCEEDS OF PREVIOUSLY ANNOUNCED SALE OF SIX RADIO STATIONS TO EDUCATIONAL MEDIA FOUNDATION.CUMULUS MEDIA INC - NET LEVERAGE HAS DECLINED FROM APPROXIMATELY 5.8X AT EMERGENCE TO APPROXIMATELY 4.8X WITH THIS PAYMENT..  Full Article

Cumulus Media Announces Agreement To Sell KLOS-FM To Meruelo Media For $43 Mln
Tuesday, 16 Apr 2019 

April 15 (Reuters) - Cumulus Media Inc ::CUMULUS MEDIA INC - ANNOUNCES AGREEMENT TO SELL KLOS-FM TO MERUELO MEDIA FOR $43 MILLION.CUMULUS MEDIA INC - ENTERS INTO SWAP AGREEMENT WITH CONNOISSEUR MEDIA TO ACQUIRE FOUR STATIONS IN ALLENTOWN, PA.CUMULUS MEDIA INC - MERUELO MEDIA WILL BEGIN PROGRAMMING KLOS-FM UNDER A LOCAL MARKETING AGREEMENT ON APRIL 16, 2019..CUMULUS MEDIA INC - CUMULUS WILL RECEIVE WODE-FM, WWYY-FM, WEEX-AM AND WTKZ-AM IN AND AROUND ALLENTOWN, PA.CUMULUS MEDIA INC - CONNOISSEUR MEDIA WILL RECEIVE WEBE-FM IN WESTPORT, CT, AND WICC-AM IN BRIDGEPORT, CT.CUMULUS MEDIA INC - PARTIES WILL BEGIN PROGRAMMING EACH OTHER'S RESPECTIVE STATIONS UNDER LOCAL MARKETING AGREEMENTS ON MAY 1, 2019.CUMULUS MEDIA ANNOUNCES TWO STRATEGIC TRANSACTIONS.  Full Article

Cumulus Media Inc - QTRLY Earnings Per Share $2.18
Tuesday, 19 Mar 2019 

Cumulus Media Inc ::CUMULUS MEDIA REPORTS OPERATING RESULTS FOR FOURTH QUARTER AND FULL YEAR 2018.Q4 REVENUE $309.2 MILLION.QTRLY EARNINGS PER SHARE $2.18.  Full Article

Cumulus Media Sees FY 2018 Revenue $1.139 Billion To $1.141 Billion
Tuesday, 26 Feb 2019 

Feb 25 (Reuters) - Cumulus Media Inc ::CUMULUS MEDIA ANNOUNCES SELECTED PRELIMINARY UNAUDITED OPERATING RESULTS FOR FOURTH QUARTER AND FULL YEAR 2018.SEES FY 2018 REVENUE $1.139 BILLION TO $1.141 BILLION.EXPECTS TO REPORT FULL YEAR ADJUSTED EBITDA GROWTH OF POSITIVE 7%.FOR Q1 OF 2019, COMPANY IS CURRENTLY PACING APPROXIMATELY FLAT.  Full Article

Entercom To Acquire Nash FM 94.7 In New York
Thursday, 14 Feb 2019 

Feb 13 (Reuters) - Entercom Communications Corp ::ENTERCOM ENTERS INTO DEFINITIVE EXCHANGE AGREEMENT TO ACQUIRE NASH FM 94.7 IN NEW YORK AND TWO STATIONS IN SPRINGFIELD, MA.ENTERCOM COMMUNICATIONS CORP - TRANSACTION IS IMMEDIATELY ACCRETIVE TO ENTERCOM..ENTERCOM COMMUNICATIONS CORP - PARTIES WILL BEGIN PROGRAMMING RESPECTIVE STATIONS BEING ACQUIRED UNDER LOCAL MARKETING AGREEMENTS ON FRIDAY, MARCH 1.  Full Article

Cumulus Media Announces Two Strategic Portfolio Optimization Transactions
Thursday, 14 Feb 2019 

Feb 13 (Reuters) - Cumulus Media Inc ::CUMULUS MEDIA ANNOUNCES TWO STRATEGIC PORTFOLIO OPTIMIZATION TRANSACTIONS.CUMULUS MEDIA INC - SELLING SIX STATIONS TO EDUCATIONAL MEDIA FOUNDATION FOR $103.5 MILLION;.CUMULUS MEDIA INC - NET PROCEEDS TO PAY DOWN DEBT AND REINVEST IN GROWTH OPPORTUNITIES.CUMULUS MEDIA INC - EMF WILL ACQUIRE ALL TRANSMISSION EQUIPMENT AND ASSUME ALL TOWER LEASES ASSOCIATED WITH STATIONS.CUMULUS MEDIA INC - UNDER TERMS OF SWAP AGREEMENT WITH ENTERCOM, CUMULUS WILL RECEIVE WNTR-FM, WXNT-AM, AND WZPL-FM IN INDIANAPOLIS.CUMULUS MEDIA INC - UNDER TERMS OF SWAP AGREEMENT WITH ENTERCOM AND ENTERCOM WILL RECEIVE WNSH-FM (NEW YORK, NY) AND WMAS-FM AND WHLL-AM.CUMULUS MEDIA - RELATED TO SWAP AGREEMENTS, EACH PARTY TO COMMENCE LOCAL MARKETING AGREEMENT TO PROGRAM OTHER PARTY'S STATIONS BEGINNING ON MARCH 1.  Full Article

Cumulus Media Q2 Revenue $285.2 Million
Tuesday, 21 Aug 2018 

Aug 20 (Reuters) - Cumulus Media Inc ::CUMULUS MEDIA REPORTS OPERATING RESULTS FOR SECOND QUARTER 2018.Q2 REVENUE $285.2 MILLION.CUMULUS MEDIA- DILUTED EARNINGS PER SHARE FOR PERIOD FROM JUNE 4, 2018 THROUGH JUNE 30, 2018 $0.25.  Full Article

No consensus analysis data available.