CMLS Q3 2021 Earnings — Cumulus Media Inc. Revenue & Financial Results | Market Cap Arena

CMLSCumulus Media Inc.

$102768

Q3 2021 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$238M+21.0% YoY

Gross Profit

$150M63.3% margin

Operating Income

$48M20.1% margin

Net Income

$27M11.5% margin

EPS (Diluted)

$1.32

QoQ Revenue Growth

+5.8%

Cash Flow

Operating Cash Flow

$13M

Free Cash Flow

$3M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$1.3B

Stockholders' Equity

$400M

Cash & Equivalents

$153M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$238M	$196M	+21.0%
Gross Profit	$150M	$113M	+32.7%
Operating Income	$48M	-$5M	+1067.2%
Net Income	$27M	-$16M	+273.7%

Revenue Segments

Advertising Revenues

$234M98%

Non-Advertising Revenues

$4M2%