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After losing 21% in the past year, Cumulus Media Inc. (NASDAQ:CMLS) institutional owners must be relieved by the recent gain

Key Insights Significantly high institutional ownership implies Cumulus Media's stock price is sensitive to their.

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Cumulus Beats Analysts In Q2 Even After Million Dollar Loss

Cumulus Beats Analysts In Q2 Even After Million Dollar Loss
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Cumulus Media Inc. (NASDAQ:CMLS) Q2 2023 Earnings Call Transcript

Operator: Good morning, ladies and gentlemen. Welcome to the Cumulus Media Quarterly Earnings Conference Call.

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Cumulus Media Second Quarter Net Revenue Falls 11%

Cumulus Media Inc is the first radio company to report its financial results for the second quarter of 2023 and post Q2 net revenue of $210.1 million, a decrease of 11.2% over the same period in 2022. The company also posts a net loss of $1.1 million for the quarter, compared to the $8.6 million…

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Cumulus Media's Stock Jump Leads Billboard Global Music Index – Billboard

Cumulus Media's stock jumped 19% this week, leading Billboard's global music stock index.

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