Benzinga | May 5, 2021 08:48AM EDT

Cumulus Media Q1 EPS $(1.07) Beats $(1.38) Estimate, Sales $201.73M Beat $192.23M Estimate

Cumulus Media (NASDAQ:CMLS) reported quarterly losses of $(1.07) per share which beat the analyst consensus estimate of $(1.38) by 22.46 percent. This is a 197.22 percent decrease over losses of $(0.36) per share from the same period last year. The company reported quarterly sales of $201.73 million which beat the analyst consensus estimate of $192.23 million by 4.94 percent. This is a 11.49 percent decrease over sales of $227.91 million the same period last year.