CMLS Q2 2020 Earnings — Cumulus Media Inc. Revenue & Financial Results | Market Cap Arena

CMLSCumulus Media Inc.

$102768

Q2 2020 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$146M-47.8% YoY

Gross Profit

$80M55.0% margin

Operating Income

-$32M-22.1% margin

Net Income

-$36M-24.9% margin

EPS (Diluted)

$-1.79

QoQ Revenue Growth

-35.9%

Cash Flow

Operating Cash Flow

$28M

Free Cash Flow

$25M

Stock-Based Comp.

$985,000

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$1.3B

Stockholders' Equity

$412M

Cash & Equivalents

$197M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$146M	$280M	-47.8%
Gross Profit	$80M	$186M	-56.8%
Operating Income	-$32M	$81M	-139.9%
Net Income	-$36M	$43M	-184.7%

Revenue Segments

Advertising Revenues

$143M94%

Trade and Barter Transactions

$6M4%

Non-Advertising Revenues

$3M2%