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 | ||
1.87 USD | +1.63% | -3.61% | -64.85% |
Jun. 12 | Cumulus Media Appoints Kriston Aitken as Chief Human Resources Officer Effective July 1, 2024 | CI |
May. 03 | Transcript : Cumulus Media Inc., Q1 2024 Earnings Call, May 03, 2024 |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-64.85% | 31.58M | |
-46.44% | 11.27B | |
+31.46% | 137M | |
+556.58% | 132M | |
-27.49% | 101M | |
+496.49% | 68.16M | |
-5.00% | 63.65M | |
+4.10% | 60.74M | |
+19.40% | 56.05M |
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