Cumulus Media (CMLS) Q2 Loss Narrows 55%
Cumulus Media (OTC:CMLS), the radio broadcasting and digital audio company, reported its second quarter 2025 results on August 7, 2025. The company reported a GAAP net loss per share of ($0.74) for Q2 2025, an improvement from last year’s loss of ($1.64). GAAP revenue for Q2 2025 was $186.0 million, surpassing the $184.15 million analyst estimate, though down from $204.8 million in the same period last year. The period showed continued progress in digital business lines, as well as sustained cost reductions, but also highlighted ongoing pressure in traditional broadcast operations. Overall, the quarter reflected both resilience in digital growth and persistent structural challenges facing legacy radio.
Source: Analyst estimates for the quarter provided by FactSet.
Cumulus Media operates a network of approximately 400 owned-and-operated radio stations across 84 markets, reaching over 9,500 affiliates through its content distributor, Westwood One. The company generates revenue mainly from on-air advertising, digital platforms such as streaming and podcasting, and related audio marketing services. Its footprint makes it a significant player in both national and local audio advertising, providing a broad platform for advertisers seeking diverse audience segments.
Source Fool.com