Cumulus Media Inc
NASDAQ:CMLS

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Cumulus Media Inc
NASDAQ:CMLS
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Price: 0.14 USD 23.78%
Market Cap: 15.8m USD

Gross Margin
Cumulus Media Inc

60.8%
Current
61%
Average
44.3%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
60.8%
=
Gross Profit
502.8m
/
Revenue
827.1m

Gross Margin Across Competitors

Cumulus Media Inc
Glance View

Market Cap
15.8m USD
Industry
Media

Cumulus Media, Inc. engages in the business of radio broadcasting. The company is headquartered in Atlanta, Georgia and currently employs 2,588 full-time employees. The company went IPO on 2018-06-04. The firm engages its listeners with local programming through approximately 412 owned and operated stations across 86 markets, delivering nationally syndicated sports, news, talk, and entertainment programming from various brands, including the NFL, the NCAA, the Masters, CNN, the AP, the Academy of Country Music Awards, and other partners across nearly 7,300 affiliated stations through Westwood One, which is an audio network in America. The firm provides advertisers with personal connections, local impact and national reach through broadcast and on-demand digital, mobile, social, and voice-activated platforms, as well as integrated digital marketing services, influencers, service audio solutions, industry-leading research and insights, and live event experiences.

CMLS Intrinsic Value
Not Available
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
60.8%
=
Gross Profit
502.8m
/
Revenue
827.1m
What is the Gross Margin of Cumulus Media Inc?

Based on Cumulus Media Inc's most recent financial statements, the company has Gross Margin of 60.8%.

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