Benzinga | Nov 3, 2021 04:23PM EDT

Cumulus Media Q3 EPS $1.32 Up From $(0.78) YoY, Sales $237.72M Beat $237.53M Estimate

Cumulus Media (NASDAQ:CMLS) reported quarterly earnings of $1.32 per share. This is a 269.23 percent increase over losses of $(0.78) per share from the same period last year. The company reported quarterly sales of $237.72 million which beat the analyst consensus estimate of $237.53 million by 0.08 percent. This is a 21.05 percent increase over sales of $196.38 million the same period last year.