Expects to Report Second Straight Quarter of Growth in Revenue and Adjusted EBITDA

Announces Conference Call to Discuss Results on November 9th

 

ATLANTA, Oct. 26, 2017 -- Cumulus Media Inc. (NASDAQ:CMLS) (the “Company,” “we,” “us,” or “our”) today announced selected preliminary operating results for the three months ended September 30, 2017.

 

For the three months ended September 30, 2017, the Company expects to report net revenue in a range of $286.0 million to $288.0 million, net (loss) income in a range of $(0.3) million to $1.7 million, and Adjusted EBITDA in a range of $60.0 million to $62.0 million. When adjusting for the impact of $14.4 million of one-time expenses in the three months ended September 30, 2016 related to the resolution of disputed syndicated programming and inventory expenses with CBS Radio Inc., Adjusted EBITDA performance for the three months ended September 30, 2017 is expected to show growth in a range of 3% to 6% year-over-year.

Heartland mixed martial arts leader becomes top acquisition to date

 

NEW YORK --  Alliance MMA, Inc. ("Alliance MMA" or the "Company") (NASDAQ:AMMA), the only publicly-traded mixed martial arts (MMA) company, unifying elite regional promotions and aspiring MMA champions, announced today it has acquired the assets of Victory Fighting Championship. VFC produces events in Nebraska, Kansas, Iowa, South Dakota and forthcoming shows in Dallas/Ft. Worth – the nation’s 5th largest media market.

 

This Smart News Release features multimedia. View the full release here:http://www.businesswire.com/news/home/20170928005401/en/

 

On April 14, Yuri Villefort (10-5), right, defeated Kassius Holdorf (10-4), left, for the Victory FC Welterweight title at VFC 56 in Omaha, Nebraska. (Photo Credit: Victory FC / Alliance MMA)

Conference Call and Webcast -- Today, March 21, 2017 at 10:00 a.m. ET -- 719/325-4772, conference ID 6911994 or www.bbgi.com 

 

Replay information provided below

 

NAPLES, Fla., March 21, 2017 - Beasley Broadcast Group, Inc. (Nasdaq:BBGI) (“Beasley” or the “Company”), a large- and mid-size market radio broadcaster, today announced operating results for the three month period and year ended December 31, 2016.

 

On November 1, 2016, Beasley acquired 17 radio stations (net of divestitures) (“the Greater Media stations”).  

SOUTH PLAINFIELD, NJ -- 12/08/16 Majesco Entertainment, Inc. (NASDAQ: COOL) ("Majesco"), announced today it had signed a definitive merger agreement with PolarityTE, Inc. ("Polarity") www.polarityte.com. Polarity is an entirely new and radically unique regenerative medicine company committed to developing the first forms of functionally-polarized autologous tissues for use in medical procedures requiring reconstructive applications by surgeons and wound care specialists.

 

Upon the closing of the transactions, Polarity will become a wholly-owned subsidiary of Majesco. Majesco will issue preferred stock in the transaction which, when converted, would represent approximately 50% of the issued and outstanding common stock of Majesco on a fully diluted basis. In connection with the merger agreement, Majesco also entered into stock purchase agreements for the purchase of 750,000 shares of common stock at a purchase price of $3.00 per share to accredited investors for gross proceeds of $2,250,000.