A Strong Day On Nasdaq for Cumulus


The company’s fiscal performance during the first three months of 2021 were bumpy but could have been worse. This sequential growth was coupled with positive comments from CEO Mary Berner during the company’s Q1 ’21 earnings call on Wednesday referencing “enhanced operating leverage” and “continued year-over-year sequential growth.”

Cumulus Media‘s path to profitability appears to have gotten the seal of approval from some in the investment world. The company’s shares were up significantly on Thursday.

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