Cumulus Media Reports Q1 2025 Financial Results

Cumulus Media ( (CMLS) ) has released its Q1 earnings. Here is a breakdown of the information Cumulus Media presented to its investors.

Cumulus Media is a leading audio-first media company that delivers premium content through a vast network of radio stations and digital platforms, engaging millions of listeners monthly. The company operates primarily in the media and entertainment sector, offering both local and nationally syndicated programming.

In the first quarter of 2025, Cumulus Media reported a total net revenue of $187.3 million, marking a 6.4% decline compared to the previous year. Despite economic challenges, the company saw growth in its digital marketing services and implemented cost-reduction strategies to mitigate the impact of external economic pressures.

Key financial highlights from the quarter include a digital revenue increase of 6.1%, with digital marketing services growing by 30%. However, the company recorded a net loss of $32.4 million, significantly higher than the $14.2 million loss in the same period last year. Adjusted EBITDA also saw a decline, dropping to $3.5 million from $8.4 million in the previous year.

Cumulus Media continues to focus on strategic initiatives to transform its use of key assets and drive growth in digital services. The company remains committed to leveraging its platform to capture demand opportunities and reduce costs, despite the ongoing economic headwinds.

Looking ahead, Cumulus Media’s management remains focused on executing its strategic plans to navigate the challenging economic environment, with an emphasis on digital growth and operational efficiency.