ATLANTA (AP) — ATLANTA (AP) — Cumulus Media Inc. (CMLSQ) on Wednesday reported a loss of $16.9 million in its first quarter.
On a per-share basis, the Atlanta-based company said it had a loss of 96 cents. Losses, adjusted for non-recurring gains, were $1.37 per share.
The radio station owner posted revenue of $164.4 million in the period.
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