CMLS Q2 2022 Earnings — Cumulus Media Inc. Revenue & Financial Results | Market Cap Arena

CMLSCumulus Media Inc.

$102768

Q2 2022 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$237M+5.4% YoY

Gross Profit

$154M64.9% margin

Operating Income

$27M11.4% margin

Net Income

$9M3.7% margin

EPS (Diluted)

$0.42

QoQ Revenue Growth

+2.0%

Cash Flow

Operating Cash Flow

$6M

Free Cash Flow

-$138,000

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$1.2B

Stockholders' Equity

$404M

Cash & Equivalents

$109M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$237M	$225M	+5.4%
Gross Profit	$154M	$142M	+8.3%
Operating Income	$27M	$13M	+114.6%
Net Income	$9M	-$6M	+246.9%

Revenue Segments

Broadcast Radio Revenue

$176M43%

Spot Revenue

$127M31%

Network Revenue

$49M12%

Digital Revenue

$38M9%

Other Revenue

$23M6%