Cumulus Media (OTC:CMLS) reported quarterly losses of $(0.74) per share which missed the analyst consensus estimate of $(0.72) by 2.78 percent. This is a 8.82 percent decrease over losses of $(0.68) per share from the same period last year. The company reported quarterly sales of $186.017 million which beat the analyst consensus estimate of $184.150 million by 1.01 percent. This is a 9.19 percent decrease over sales of $204.849 million the same period last year.