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Last $2.07 USD
Change Today -0.21 / -9.21%
Volume 6.7M
CMLS On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 8:10 PM 05/1/15 All times are local (Market data is delayed by at least 15 minutes).

cumulus media inc-cl a (CMLS) Snapshot

Open
$2.27
Previous Close
$2.28
Day High
$2.27
Day Low
$1.90
52 Week High
06/5/14 - $6.82
52 Week Low
05/1/15 - $1.90
Market Cap
491.1M
Average Volume 10 Days
1.4M
EPS TTM
$0.12
Shares Outstanding
233.3M
EX-Date
--
P/E TM
17.2x
Dividend
--
Dividend Yield
--
Current Stock Chart for CUMULUS MEDIA INC-CL A (CMLS)

cumulus media inc-cl a (CMLS) Details

Cumulus Media Inc. owns and operates radio stations in the United States. It sells commercial advertising time to local, national, and network clients on its radio stations. The company owns and operates approximately 460 stations in 90 United States media markets; and approximately 8,500 broadcast radio affiliates’ and various digital channels. As of December 31, 2014, it provided sales and marketing services for 11 radio stations in the United States under local marketing agreements. The company was founded in 1997 and is headquartered in Atlanta, Georgia.

4,007 Employees
Last Reported Date: 03/2/15
Founded in 1997

cumulus media inc-cl a (CMLS) Top Compensated Officers

Co-Founder, Chief Executive Officer, Presiden...
Total Annual Compensation: $1.5M
Chief Financial Officer, Senior Vice Presiden...
Total Annual Compensation: $550.0K
Executive Vice President of Content and Progr...
Total Annual Compensation: $875.0K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $500.0K
Compensation as of Fiscal Year 2014.

cumulus media inc-cl a (CMLS) Key Developments

Cumulus Media Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Cumulus Media Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net revenues of $271,079,000 compared to $292,493,000 a year ago. Operating income was $11,875,000 compared to $19,122,000 a year ago. Loss before income taxes was $22,372,000 compared to $16,877,000 a year ago. Net loss was $12,015,000 or $0.05 per basic and diluted share compared to $9,269,000 or $0.04 per basic and diluted share a year ago. Adjusted EBITDA was $44,663,000 compared to $58,745,000 a year ago. Capital expenditures were $10.1 million. Capital expenditures for the three months ended March 31, 2015 included an investment of approximately $6.0 million in a new office and studio facility in San Francisco market, $2.0 million in computer upgrades across broadcast platform and $2.1 million of ongoing maintenance and other routine expenditures. Capital expenditures during the three months ended March 31, 2014 were $1.3 million.

Cumulus Media Inc. Announces Executive Changes

Cumulus Media Inc. announced that long-time director Robert H. ("Trey") Sheridan, III, of Ridgemont Equity Partners, will retire when his term ends at the 2015 annual meeting of stockholders, and that the Board has nominated Mary G. Berner to stand for election to fill the vacancy created on the Board by Mr. Sheridan's retirement. Ms. Berner is the current President and Chief Executive Officer of The Association of Magazine Media (MPA). She brings to the Board deep media experience, operational expertise and cross-platform perspectives. In light of the additional operational responsibilities assumed by Lew Dickey in November, 2014, the company announced that veteran media executive Jeffrey Marcus, currently the Company's Lead Director, has been appointed as non-executive Chairman of the Board of Directors. Mr. Marcus is a partner with Crestview Partners. He has been a member of the Board of Directors of Cumulus, and its Lead Director, since Crestview's investment in Cumulus in September 2011.

Cumulus Media Inc. to Report Q1, 2015 Results on Apr 30, 2015

Cumulus Media Inc. announced that they will report Q1, 2015 results at 4:30 PM, Eastern Daylight on Apr 30, 2015

 

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CMLS:US $2.07 USD -0.21

CMLS Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Entercom Communications Corp $12.16 USD +0.28
Entravision Communications Corp $6.52 USD -0.02
Gray Television Inc $13.51 USD +0.25
Radio One Inc $3.80 USD +0.23
Townsquare Media Inc $13.54 USD -0.12
View Industry Companies
 

Industry Analysis

CMLS

Industry Average

Valuation CMLS Industry Range
Price/Earnings 55.8x
Price/Sales 0.4x
Price/Book 0.9x
Price/Cash Flow 4.0x
TEV/Sales NM Not Meaningful
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