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Rev-ing Up: Cumulus has reported Q4 net revenue of $309.2 million, up 5.2% from the three months ended Dec. 2017. The company reported net income of $43.7 million and Adjusted EBITDA of $65.6 million, up 31.6% from the three months ended Dec. 2017. For the year ending Dec. 31, 2018, Cumulus reported net revenue of $1.14 billion, an increase of 0.4% from the previous year, and net income of $757.6 million with an Adjusted EBITDA of $234.3 million, which is an increase of 7.6% from 2017. See the full earnings release here and the SEC filing here.

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The ACM 2024
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