Cumulus: 2Q Earnings Snapshot
ATLANTA (AP) _ Cumulus Media Inc. (CMLS) on Thursday reported second-quarter net income of $42.9 million.
The Atlanta-based company said it had net income of $2.11 per share.
The radio station owner posted revenue of $279.7 million in the period.
Cumulus shares have climbed 17% since the beginning of the year. The stock has decreased 31% in the last 12 months.