CMLS FY 2023 Earnings — Cumulus Media Inc. Revenue & Financial Results | Market Cap Arena

CMLSCumulus Media Inc.

$154152

FY 2023 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$845M-11.4% YoY

Gross Profit

$511M60.5% margin

Operating Income

-$41M-4.9% margin

Net Income

-$118M-14.0% margin

EPS (Diluted)

$-6.83

Cash Flow

Operating Cash Flow

$32M

Free Cash Flow

$7M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$1.2B

Stockholders' Equity

$287M

Cash & Equivalents

$81M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$845M	$954M	-11.4%
Gross Profit	$511M	$596M	-14.2%
Operating Income	-$41M	$80M	-151.7%
Net Income	-$118M	$16M	-826.1%