CMLS Q3 2020 Earnings — Cumulus Media Inc. Revenue & Financial Results | Market Cap Arena

CMLSCumulus Media Inc.

$102768

Q3 2020 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$196M-30.1% YoY

Gross Profit

$113M57.7% margin

Operating Income

-$5M-2.5% margin

Net Income

-$16M-8.0% margin

EPS (Diluted)

$-0.78

QoQ Revenue Growth

+34.5%

Cash Flow

Operating Cash Flow

$9M

Free Cash Flow

$5M

Stock-Based Comp.

$861,000

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$1.5B

Stockholders' Equity

$397M

Cash & Equivalents

$354M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$196M	$281M	-30.1%
Gross Profit	$113M	$182M	-37.9%
Operating Income	-$5M	$46M	-110.8%
Net Income	-$16M	$16M	-196.8%

Revenue Segments

Advertising Revenues

$193M95%

Trade and Barter Transactions

$7M4%

Non-Advertising Revenues

$4M2%