The InFOCUS Podcast: Cumulus Media's Q4 Earnings Call
Feb 24, 2022 ·
16m 22s
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"2021 was a pivotal year for Cumulus, a year of significant progress and accomplishment." Since emerging from voluntary Chapter 11 restructuring in 2018, CEO Mary Berner has put a focus...
show more
"2021 was a pivotal year for Cumulus, a year of significant progress and accomplishment."
Since emerging from voluntary Chapter 11 restructuring in 2018, CEO Mary Berner has put a focus on two key objectives: A sustainable growth trajectory, and "right-sizing the balance sheet to maximize financial flexibility to grow shareholder value."
Indeed, net leverage deduction, along with further spot and network ad revenue recovery from COVID-19 slowdowns, is Cumulus' Q4 2021 story. In this special InFOCUS Podcast, we offer audio highlights from the company's late afternoon earnings call on February 23, which also features CFO Frank López-Balboa and questions from key Wall Street analysts who cover Cumulus Media.
show less
Since emerging from voluntary Chapter 11 restructuring in 2018, CEO Mary Berner has put a focus on two key objectives: A sustainable growth trajectory, and "right-sizing the balance sheet to maximize financial flexibility to grow shareholder value."
Indeed, net leverage deduction, along with further spot and network ad revenue recovery from COVID-19 slowdowns, is Cumulus' Q4 2021 story. In this special InFOCUS Podcast, we offer audio highlights from the company's late afternoon earnings call on February 23, which also features CFO Frank López-Balboa and questions from key Wall Street analysts who cover Cumulus Media.
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