Cumulus Media Inc. (NasdaqGM:CMLS) will look for acquisitions. Francisco J. Lopez-Balboa, CFO, said "So I can't really give you any forward guidance in terms of what we may do in the subsequent quarters, but the one thing I want to emphasize is, given that we've reduced our costs so much, improved our operating leverage as we have and generate free cash flow, it gives us see a terrific opportunity to use that liquidity in many different ways, which includes potentially share repurchase, that repurchase and investment in the business and potential acquisitions".
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
2.84 USD | +1.79% | +5.52% | -46.45% |
May. 03 | Transcript : Cumulus Media Inc., Q1 2024 Earnings Call, May 03, 2024 | |
May. 03 | Earnings Flash (CMLS) CUMULUS MEDIA Reports Q1 Revenue $200M | MT |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-46.45% | 47.11M | |
-15.00% | 177M | |
+30.43% | 138M | |
-10.20% | 126M | |
-30.28% | 72.33M | |
+492.11% | 70.99M | |
+260.88% | 70.11M | |
-3.60% | 64.58M | |
+19.40% | 60.63M |
- Stock Market
- Equities
- CMLS Stock
- News Cumulus Media Inc.
- Cumulus Media to Seek Acquisitions