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".
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5-day change | 1st Jan Change | ||
2.67 USD | 0.00% | -2.91% | -49.81% |
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. | |
---|---|---|
-49.81% | 44.96M | |
-44.61% | 11.66B | |
-16.00% | 174M | |
+32.29% | 138M | |
-6.42% | 130M | |
+312.11% | 82.72M | |
-29.58% | 72.99M | |
+490.64% | 70.97M | |
-3.60% | 64.58M | |
+19.40% | 61.02M |
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