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 | ||
2.61 USD | +1.56% | -17.14% | -50.94% |
05-03 | Transcript : Cumulus Media Inc., Q1 2024 Earnings Call, May 03, 2024 | |
05-03 | Earnings Flash (CMLS) CUMULUS MEDIA Reports Q1 Revenue $200M | MT |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-50.94% | 44.07M | |
-20.50% | 165M | |
+27.75% | 134M | |
-12.62% | 122M | |
-31.69% | 70.8M | |
+492.40% | 68.88M | |
-3.60% | 64.58M | |
+19.40% | 61.17M | |
+172.41% | 54.64M |
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