CMLSCumulus Media Inc.

$154152

Q4 2022 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$251M-0.4% YoY

Gross Profit

$152M60.3% margin

Operating Income

$9M3.8% margin

Net Income

-$54,000-0.0% margin

EPS (Diluted)

$-0.00

QoQ Revenue Growth

+7.6%

Cash Flow

Operating Cash Flow

$24M

Free Cash Flow

$11M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$1.2B

Stockholders' Equity

$408M

Cash & Equivalents

$107M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$251M	$252M	-0.4%
Gross Profit	$152M	$154M	-1.5%
Operating Income	$9M	$17M	-45.1%
Net Income	-$54,000	$18M	-100.3%

Revenue Segments

Broadcast Radio Revenue

$188M43%

Spot Revenue

$124M28%

Network Revenue

$64M14%

Digital Revenue

$38M9%

Other Revenue

$26M6%

CMLS Q4 2022 Earnings — Cumulus Media Inc. Revenue & Financial Results | Market Cap Arena