ATLANTA (AP) — ATLANTA (AP) — Cumulus Media Inc. (CMLS) on Thursday reported a loss of $231.1 million in its fourth quarter.
The Atlanta-based company said it had a loss of $13.60 per share. Losses, adjusted for asset impairment costs, came to 39 cents per share.
The radio station owner posted revenue of $218.6 million in the period.
For the year, the company reported a loss of $283.3 million, or $16.79 per share. Revenue was reported as $827.1 million.
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