Holiday 2011 PPM Austin TX Greensboro Hartford CT Indianapolis IN Jacksonville FL Memphis TN Milwaukee WI Nashville TN Norfolk VA Providence RI Raleigh NC West Palm Beach Fall 2011 Quarterly Bluefield WV Casper WY Cheyenne WY Jackson TN Lawton OK Mankato MN Rapid City SD Sioux City IA Wichita Falls TX Abilene TX JB & Sandy Nikki Nite Rob Carson The Morning Show JD for the Ride Home Chris and Janeen Keith Mitchell The Breakfast Club Shane Collins Shroom Meat Brady & Rose John Tesh Miggy AJ Jennifer Lipp Dan Thomas Alex & Terri Stephen Michael Kerr Tom & Maria Steve Goddard Valentine Ryan Seacrest The Juice Crew John Magic

Cumulus Media reported second quarter net revenues rose 5.7% to $69.7 million from $65.9 million in 2009. Station operating income (SOI) grew 9.7% to $29.3 million from $26.7 million. Station operating expenses increased 3% to $40.4 million primarily due to normalized employee costs.

The company posted net earnings of $12.3 million (29 cents per share) as compared to earnings of $14 million (34 cents) in the year-ago period.

Chairman/CEO Lew Dickey stated, "This was another quarter of solid performance for both Cumulus Media and Cumulus Media Partners. As we continue to aggressively innovate the radio business through our proprietary technology platform and operating systems, these businesses are running with increased efficiency across all functional areas resulting in strong operating leverage and healthy free cash flow growth." (07-29-10)

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