sowny.net | The Southern Ontario/WNY Radio-TV Forum


You are not logged in. Would you like to login or register?

  • Index
  •  » SOWNY
  •  » Cumulus Media in US Second Quarter Loss

    • 1 of 1

       

    August 2, 2024 1:48 pm  #1

    paterson1
    Member

    Offline


    Cumulus Media in US Second Quarter Loss

    The second largest radio group in the US continues to lose money.  In the latest quarter which was released today Cumulus Media says it lost $27.7 million US and $41.9 million so far this year.  Stock prices have tumbled over 60% since the new year and currently trade at about $1.70 per share.  More details from TradingView..https://www.tradingview.com/news/tradingview:7849b559ed70d:0-cumulus-media-reports-q2-2024-results/ 

     

     

    1 of 1

  • Index
  •  » SOWNY
  •  »  Cumulus Media in US Second Quarter Loss