Cumulus Media Q2 FY26 net loss narrows to $9.21 million; revenue drops 9.7% to $167.91 million - CMLS News | RalliesCumulus Media Q2 FY26 net loss narrows to $9.21 million; revenue drops 9.7% to $167.91 million
C
CMLS• Q2 revenue and profit metrics
- Cumulus Media posted Q2 net revenue of $167.9 million, down 9.7% from a year earlier.
- Net loss narrowed to $9.2 million; diluted loss per share improved to $0.52.
- Non-GAAP adjusted EBITDA fell 28.3% to $16 million.
Segment revenue and restructuring update
- Broadcast radio revenue dropped 13.2% to $102.9 million; digital was nearly flat at $38.7 million.
- CEO Mary G. Berner said the reorganization plan was confirmed, with FCC approval underway to exit Chapter 11.
XLE
•
