In This Article:
Cumulus Media (NASDAQ:CMLS) Full Year 2024 Results
Key Financial Results
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Revenue: US$827.1m (down 2.1% from FY 2023).
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Net loss: US$283.3m (loss widened by 140% from FY 2023).
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US$16.79 loss per share (further deteriorated from US$6.83 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Cumulus Media EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates significantly.
Looking ahead, revenue is expected to decline by 1.0% p.a. on average during the next 3 years, while revenues in the Media industry in the US are expected to grow by 2.8%.
Performance of the American Media industry.
The company's shares are down 18% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Cumulus Media has 4 warning signs (and 1 which is a bit unpleasant) we think you should know about.
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