The Sequential Growth Story: Radio’s Q3 Tale, Also Shared by Cumulus


With key words including “guarded” and “disciplined” punctuating her remarks, Cumulus Media CEO Mary Berner opened her company’s third quarter 2020 on a positive note, stating how the audio media content creator and radio station owner now has a large cash position while month-by-month revenue improvements are being seen.

Indeed, the sequential growth story, placing a focus on Q2 versus Q3, is one that radio broadcasting companies appear to be embracing to better share with investors how they are recovering from the COVID-19 pandemic’s worst days.

Still, it could only do so much to mask Cumulus’ swing to a net loss.

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