NEW YORK, May 08, 2024 (GLOBE NEWSWIRE) -- Cumulus Media (NASDAQ:CMLS) today announced The Candy Valentino Show has joined the Cumulus Podcast Network. Entrepreneur and bestselling author Candy Valentino talks with some of the world's most successful minds, including Tony Robbins, Daymond John, Ed Mylett, and Heidi Zak, while offering valuable insights drawn directly from her 26 years of expertise launching and selling her own businesses. She discusses wealth habits, business models, profit plans, real esta ...

ATLANTA, May 08, 2024 (GLOBE NEWSWIRE) -- Cumulus Media (NASDAQ:CMLS) today announced Mike Eaby's promotion to Vice President/Executive Producer of Westwood One Sports. In his new role, Eaby will manage and oversee all Westwood One Sports multi-platform content and live event production. Eaby will assume his new responsibilities on May 15, reporting to Bruce Gilbert, Senior Vice President, Sports Content & Audience for Cumulus Media and Westwood One. He succeeds Howard Deneroff, who departs his position aft ...

财务数据和关键指标变化 - 第一季度总收入为2亿美元,同比下降2.7%,但较2023年有明显改善 [28] - 数字营销服务收入增长25%,是数字收入增长的主要驱动因素 [12][13][15] - 广播广告收入中,国家广告和网络广告收入同比下降中个位数,较2023年有所改善 [18][19][20] - 政治广告收入为220万美元,较2020年下降55%,反映总统初选竞争较弱 [22] 各条业务线数据和关键指标变化 - 数字营销服务收入增长25%,客户数增加超过25% [15] - 广播广告收入中,国家广告和网络广告收入同比下降中个位数,较2023年有所改善 [18][19][20] - 广播广告收入中,地方广告收入表现较第四季度有所改善,但仍然下降 [21] - 播客和流媒体收入同比小幅增长 [16][17] 各个市场数据和关键指标变化 - 消费品、保险和制药等行业广告收入表现较好,而抵押贷款、家居装修和银行等行业广告收入较弱 [19][30] - 地方广告收入中,家居产品和一般服务行业表现较好,专业服务和零售行业较弱 [30] 公司战略和发展方向及行业竞争 - 公司正在加大数字营销服务投资,包括扩大数字销售团队和推广Cumulus Boost产品,以捕捉该领域的增长机会 [13][14] - 公司采取差异化的销售策略,通过提供全套数字音频和数字营销解决方案,获得客户青睐 [14] - 公司正在收回流媒体广告销售权,并复制NFL流媒体成功经验,增加NCAA流媒体客户 [16][17] - 公司持续关注降低固定成本,以提高运营杠杆,为广告环境持续恢复做好准备 [24][45] 管理层对经营环境和未来前景的评论 - 广告市场仍然不确定,宏观环境的不确定性阻碍了广告主的支出 [20][23][34] - 广告主预算审批和下单时间较晚,反映其对经济走向缺乏清晰预期 [23] - 公司有信心通过数字营销服务、降低成本和偿还债务等措施,提升股东价值 [10][26] 问答环节重要的提问和回答 问题1 **Michael Kupinski 提问** 询问数字业务收入构成及第二季度的表现 [37][38] **Frank Lopez-Balboa 回答** 数字业务收入构成仍然大致三等分,但本季度数字营销服务收入占比有所提升[38][39] 第二季度数字业务整体预计将保持中个位数增长,数字营销服务仍将保持强劲增长,播客收入也将继续增长 [40][41] 问题2 **Michael Kupinski 提问** 询问4百万美元固定成本削减的具体情况及未来削减空间 [42] **Frank Lopez-Balboa 和 Mary Berner 回答** 主要通过减少外包、重新谈判固定价格合同、人员优化和体育节目制作成本优化等方式实现 [43][44][47] 公司将继续关注各方面的固定成本,通过技术应用、流程优化和房地产等多个方面持续优化 [47] 问题3 **Unidentified Analyst 提问** 询问数字营销服务客户来源及广播广告收入的恢复情况 [50][56] **Mary Berner 和 Frank Lopez-Balboa 回答** 数字营销服务客户来源包括新客户和从其他供应商转移过来的客户,公司能提供全面解决方案是优势 [51][52] 广播广告收入中,地方广告收入有所改善但仍下降,国家广告和网络广告收入下降幅度收窄,但仍存在不确定性 [57][58][59][60]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-38108 Cumulus Media Inc. ...

财务表现预测 - 2024年第一季度，Cumulus Media Inc.预计净收入在1.99亿至2.01亿美元之间，净亏损在(1490.9)万至(1340.9)万美元之间，调整后的EBITDA在765万至915万美元之间[2] - 2024年第一季度，Cumulus Media Inc.的净收入同比下降了3.3%至2.3%，净亏损同比下降了30.5%至37.5%，调整后的EBITDA同比下降了25.9%至11.4%[3] - 2024年第一季度，Cumulus Media Inc.的调整后EBITDA为7650万至9150万美元，较去年同期下降了10.7%至26.0%[18]

Completed Successful Debt Exchange That Reduced Principal by Approximately $33 Million, Extended Maturities to 2029, Obtained Favorable Interest Rates and Preserved Structure Free of Financial Maintenance Covenants; Exceeded Expectations with Approximately 97% Aggregate Participation Upsized ABL Facility by 25% to $125 Million and Extended Maturity to 2029 Reported Q1 Total Revenue of $200 million, Down 2.7%, In Line with Guidance Increased Digital Marketing Services Revenue by 25%, Total Digital Revenue by ...

ATLANTA, May 02, 2024 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ:CMLS) (the "Company" or "Cumulus") today announced the expiration and final results of its subsidiary's, Cumulus Media New Holdings Inc. (the "Issuer"), previously announced offer to exchange (as amended, the "Exchange Offer") any and all of its outstanding 6.750% Senior Secured First-Lien Notes due 2026 (the "Old Notes") for new 8.000% Senior Secured First-Lien Notes due 2029 (the "New Notes") to be issued by the Issuer, upon the terms of ...

盈利预期 - Cumulus Media (CMLS) 预计在2024年3月结束的季度报告中，盈利将同比下降，收入也将减少[1] - 分析师们对该公司的盈利前景持悲观态度，预计每股亏损1.33美元，收入下降2.6%[4] - 过去30天内，该季度的每股盈利预期已经下调了27.27%[5] - 预期修订可能不会完全反映在总体变化中[6] - 预期修订提前反映了公司业务状况的线索[7] - Cumulus 的最准确预估低于 Zacks 共识预估，导致 Earnings ESP 为 -17.74%[12] - 过去四个季度中，该公司三次超过共识 EPS 预期[15] - 投资者应该在公司季度发布前检查其 Earnings ESP 和 Zacks Rank[17] - Cumulus 不太可能成为盈利超预期的候选公司，投资者应该关注其他因素[18] 股价表现 - 如果关键数字超过预期，股价可能会上涨；反之，可能会下跌[2] - 盈利超预期或不及预期可能不是股价上涨或下跌的唯一依据[16] 预测模型 - Earnings ESP 模型的预测能力对于正面 ESP 读数非常显著[9] - 正面 Earnings ESP 是盈利超预期的强有力预测指标[10]

ATLANTA, April 18, 2024 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ:CMLS) (the "Company" or "Cumulus") today announced that its subsidiary, Cumulus Media New Holdings Inc. (the "Issuer"), has amended its previously announced offer to exchange (as so amended, the "Exchange Offer") any and all of the Issuer's outstanding 6.750% Senior Secured First-Lien Notes due 2026 (the "Old Notes") for new 8.000% Senior Secured First-Lien Notes due 2029 ("New Notes") to be issued by the Issuer, upon the terms of and su ...

ATLANTA, April 18, 2024 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ:CMLS) (the "Company," "Cumulus Media," "we," "us," or "our") today announced selected preliminary operating results for the three months ended March 31, 2024. For the three months ended March 31, 2024, the Company expects to report net revenue in a range of $199.0 million to $201.0 million, net loss in a range of $(14.9) million to $(13.4) million, and Adjusted EBITDA(1) in a range of $7.65 million to $9.15 million. The Company will issu ...