Cumulus Media(CMLS)
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Cumulus Media(CMLS) - 2024 Q2 - Quarterly Results
2024-08-02 20:02
财务表现 - 总收入为2.048亿美元,同比下降2.5%,符合公司指引[5] - 数字营销服务收入增长24%,总数字收入增长5%[6] - 广播电台收入同比下降7.3%[17] - 净亏损2770万美元,调整后EBITDA2521万美元[11] 债务管理 - 通过债务交换减少约3300万美元债务,将到期日延长至2029年,获得更优惠的利率,保留无财务维护契约的结构[9] - 将ABL信贷额度增加25%至1.25亿美元,并将到期日延长至2029年[9] - 总债务为6.744亿美元,2026年到期债务为2390万美元[10] 现金流 - 经营活动产生现金流出790万美元,剔除债务交换相关成本后产生现金流入830万美元[8] - 通过降低固定成本约400万美元来改善经营杠杆[7] 非GAAP财务指标 - 公司提出了非GAAP财务指标"总债务到期"和"扣除总未摊销折扣的净债务",用于监控负债水平和评估资产负债表[50][51] - 公司还提出了"不包括交换要约执行成本的经营现金流"作为非GAAP财务指标,用于评估公司的经营表现[37][38] - 公司的非GAAP财务指标包括经调整EBITDA、扣除政治广告影响的净收入、总债务到期和扣除总未摊销折扣的净债务以及不包括交换要约执行成本的经营现金流[38] - 公司提供了非GAAP财务指标与GAAP财务指标的对账信息[42][43][46][49] - 公司的非GAAP财务指标可能与其他公司定义或计算方式不同,存在可比性限制[38]
Cumulus Media Reports Operating Results for the Second Quarter 2024
Newsfilter· 2024-08-02 20:01
Completed Highly Successful Debt Exchange That Reduced Our Debt Obligations Under Our Debt Instruments by Approximately $33 Million, Extended Maturities to 2029, Obtained Favorable Interest Rates, and Preserved Structure Free of Financial Maintenance Covenants Upsized ABL Facility by 25% to $125 Million and Extended Maturity to 2029 Reported Q2 Total Revenue of $205 Million, Down 2.5%, in Line with Pacing Guidance Increased Digital Marketing Services Revenue by 24%, Total Digital Revenue by 5% ATLANTA, Aug. ...
Cumulus Media Reports Operating Results for the Second Quarter 2024
GlobeNewswire News Room· 2024-08-02 20:01
Completed Highly Successful Debt Exchange That Reduced Our Debt Obligations Under Our Debt Instruments by Approximately $33 Million, Extended Maturities to 2029, Obtained Favorable Interest Rates, and Preserved Structure Free of Financial Maintenance Covenants Upsized ABL Facility by 25% to $125 Million and Extended Maturity to 2029 Reported Q2 Total Revenue of $205 Million, Down 2.5%, in Line with Pacing Guidance Increased Digital Marketing Services Revenue by 24%, Total Digital Revenue by 5% ATLANTA, Aug. ...
JD Vance to Be on "The Dan Bongino Show" Today During 2-3:00 p.m. ET Hour
Newsfilter· 2024-08-01 01:04
文章核心观点 - 美国广播公司Cumulus Media旗下的Westwood One将邀请共和党副总统候选人JD Vance接受主持人Dan Bongino的现场采访 [1][2][3] - 这次采访将于美东时间8月2日下午2-3点在"The Dan Bongino Show"节目中进行,并将于8月4日周日以播客形式发布 [2][3] - "The Dan Bongino Show"是Cumulus Media旗下Westwood One制作的一档时事评论节目,由前特勤局特工、畅销书作者、电视评论员和播客大咖Dan Bongino主持 [4] 公司概况 - Cumulus Media是一家音频媒体公司,每月为超过2.5亿人提供优质内容 [5] - 公司拥有401家自有和运营的广播电台,覆盖美国85个市场 [5] - 公司通过Westwood One网络向9800多家附属电台提供全国性的体育、新闻、脱口秀和娱乐节目 [5] - 公司还运营着快速增长的Cumulus Podcast Network,提供智能、有趣且富有思考的原创播客内容 [5] - Cumulus Media为广告主提供本地影响力和全国覆盖的广播和数字广告解决方案 [5]
JD Vance to Be on “The Dan Bongino Show” Today During 2-3:00 p.m. ET Hour
GlobeNewswire News Room· 2024-08-01 01:04
文章核心观点 - 美国广播公司Cumulus Media旗下的Westwood One将邀请共和党副总统候选人JD Vance接受主持人Dan Bongino的现场采访 [1][2][3] - 这次采访将在Bongino的节目"The Dan Bongino Show"中进行,并将在8月4日的特别节目中重播 [2][3] - "The Dan Bongino Show"是Cumulus Media旗下的一档直播节目,由前特勤局特工、畅销书作者、电视评论员和播客大亨Dan Bongino主持 [4] - 该节目每周一至周五中午12点至下午3点东部时间在340个美国电台播出 [4] Cumulus Media公司概况 - Cumulus Media是一家音频媒体公司,每月为超过2.5亿人提供优质内容 [5] - 公司拥有401家自有和运营的电台,覆盖美国85个市场 [5] - 公司通过Westwood One网络,为超过9,800家附属电台提供全国性的体育、新闻、脱口秀和娱乐节目 [5] - 公司还运营着快速增长的Cumulus Podcast Network,提供智能、有趣且富有思考的原创播客 [5] - Cumulus Media为广告客户提供本地影响力和全国覆盖的广播和数字广告解决方案 [5]
Cumulus Media Announces Conference Call to Discuss Second Quarter 2024 Operating Results
Newsfilter· 2024-07-20 04:01
ATLANTA, July 19, 2024 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) will host a conference call on Friday, August 2nd at 8:30 AM ET to discuss its second quarter 2024 operating results. A press release containing a summary of these results will be issued before the call at approximately 8:00 AM ET. To join by phone with operator-assisted dial-in, domestic callers should dial 833-470-1428 and international callers should dial 404-975-4839. If prompted, the participant access code is 044716. Please c ...
Cumulus Media Announces Conference Call to Discuss Second Quarter 2024 Operating Results
GlobeNewswire News Room· 2024-07-20 04:01
ATLANTA, July 19, 2024 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) will host a conference call on Friday, August 2nd at 8:30 AM ET to discuss its second quarter 2024 operating results. A press release containing a summary of these results will be issued before the call at approximately 8:00 AM ET. About Cumulus Media To join by phone with operator-assisted dial-in, domestic callers should dial 833-470-1428 and international callers should dial 404-975-4839. If prompted, the participant access code ...
Bongino Report Early Edition With Evita(SM) Joins The Cumulus Podcast Network
Newsfilter· 2024-07-16 23:33
文章核心观点 - Cumulus Media旗下的Westwood One推出了一个新的播客节目"Bongino Report Early Edition with Evita"[1][2][3] - 这个新节目由Gen Z记者和文化分析师Evita Duffy-Alfonso主持,每天报道最新新闻[1][3] - 这是Dan Bongino旗下Bongino Report品牌的延伸,Bongino表示Evita是保守派新秀,不怕报道硬新闻和不受审查的观点[3] 公司概况 - Cumulus Media是Westwood One的母公司,Westwood One是美国最大的音频网络,拥有超过9,800家附属广播电台,每月覆盖2.5亿听众[5] - Westwood One负责分发、营销和变现Bongino Report旗下所有播客,并独家代理"The Dan Bongino Show"广播节目[2][5] 行业动态 - Bongino Report是Dan Bongino于2019年推出的保守派新闻网站,汇集高质量的新闻报道、观点文章和视频[4] - Cumulus Podcast Network提供各类热门播客内容,包括体育、新闻和娱乐等[5]
Westwood One & Cumulus Podcast Network Provide Special Programming Coverage of the Republican National Convention
Newsfilter· 2024-07-15 04:38
NEW YORK, July 14, 2024 (GLOBE NEWSWIRE) -- WHAT: Dan Bongino, host of The Dan Bongino Show, will be at the Republican National Convention streaming live special coverage in addition to his regularly scheduled syndicated radio show on Westwood One and his daily podcast. Rich Valdés, host of Rich Valdés America at Night on Westwood One, will be covering the Republican National Convention and providing interviews with key party members. Westwood One offers 24-hour news/talk syndicated radio programming Monday ...
Mark Levin Extends Contract With Westwood One
Newsfilter· 2024-07-02 22:14
NEW YORK, July 02, 2024 (GLOBE NEWSWIRE) -- Cumulus Media (NASDAQ: CMLS) proudly announced today that legendary talk radio host Mark Levin has extended his contract to host both his syndicated radio program, "The Mark Levin Show," on Westwood One and his podcast, Mark Levin Audio Rewind, on the Cumulus Podcast Network for multiple years. Levin will also develop and host an all-new show for the network, his first ever original content podcast series. The daily companion podcast, Mark Levin Audio Rewind, drop ...