Cumulus Media Inc. Reports Q2 2023 Net Loss of $1.1 Million
Revenue for the Second Quarter Totaled $210.1 Million
By USInMinutes
Published - Jul 28, 2023, 10:39 AM ET
Last Updated - Jul 28, 2023, 10:39 AM EDT
Cumulus Media Inc.(CMLS), a leading media company, has released its unaudited condensed consolidated financial statements for the second quarter ended June 30, 2023. The company reported a net loss of $1.1 million for the quarter. Despite challenges, Cumulus Media generated revenue of $210.1 million during this period.
Net Income/Loss
Cumulus Media Inc. experienced a net loss of $1.1 million in the second quarter of 2023. This financial performance was affected by various factors, including operating expenses and non-operating expenses.
Revenue
