Cumulus Media Inc. - Ordinary Shares - Class A

NASDAQ:CMLS  
11.40
+0.30 (+2.70%)
Earnings Announcements

Cumulus Media Sends Letter To Shareholders Regarding Strong Financial Results And Outlook

Published: 05/04/2022 14:19 GMT
Cumulus Media Inc. - Ordinary Shares - Class A (CMLS) - Cumulus Media Sends Letter to Shareholders Regarding Strong Financial Results and Outlook, New Capital Return Program and Response to Unsolicited Indication of Interest.
Cumulus Media Inc - Outlining Our Views Regarding an Unsolicited, Non-binding, Highly Conditional Indication of Interest That We Recently Received.
Cumulus - Board Unanimously Concluded That Indication of Interest Significantly Undervalues Company and is Not in Best Interests of Its Shareholders.
Cumulus Media Inc - Recently Received an Indication of Interest in Acquiring Company for $15.00 to $17.00 per Share.
Revenue is expected to be $237.03 Million
Adjusted EPS is expected to be $0.55

Next Quarter Revenue Guidance is expected to be $253.87 Million
Next Quarter EPS Guidance is expected to be $0.72

More details on our Analysts Page.