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Investing.com - Cumulus Media A reported on Friday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Cumulus Media A announced earnings per share of $0.45 on revenue of $233.50. Analysts polled by Investing.com EPS of $0.60 on revenue of $238.67M.
Cumulus Media A 's are down 50% and is trading at $6.97 , still down 55.52% from its 52 week high of $15.67 set on Thursday, May 5, 2022.
Cumulus Media A follows other major Communication Services sector earnings this month
Cumulus Media A's report follows an earnings missed by Alphabet C on Tuesday, who reported EPS of $1.06 on revenue of $69.09B, EPS of $1.28 on revenue of $71.34B.
Meta Platforms had missed expectations on Wednesday with third quarter EPS of $1.64 on revenue of $27.71B, for EPS of $1.93 on revenue of $27.57B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar