Cumulus Media (OTC:CMLS) reported quarterly losses of $(1.17) per share which missed the analyst consensus estimate of $(0.82) by 41.82 percent. This is a 91.8 percent decrease over losses of $(0.61) per share from the same period last year. The company reported quarterly sales of $180.255 million which beat the analyst consensus estimate of $179.750 million by 0.28 percent. This is a 11.47 percent decrease over sales of $203.598 million the same period last year.