CUMULUS MEDIA Reports Operating Results for the First
Total debt includes $1.7 million of PPP loans which were recorded in Other liabilities on our Condensed Consolidated Balance Sheet at March 31, 2021. Adjusted EBITDA is not a financial measure calculated or presented in accordance with accounting principles generally accepted in the United States of America (“GAAP”). For additional information, see “Non-GAAP Financial Measures.” Adjusted for all merger and acquisition activity occurring in 2020 as if such activity had occurred as of January 1, 2020. Same Station financial measures are not financial measures calculated or presented ...
Source: globenewswire.com