Cumulus Media(CMLS) - 2023 Q3 - Quarterly Report

Adjusted EBITDA Table of Contents Content Costs Depreciation and Amortization Gain on Sale or Disposal of Assets or Stations Table of Contents Gain on Early Extinguishment of Debt For the nine months ended September 30, 2023, the Company recorded an income tax benefit of $0.6 million on pre-tax book loss of $20.4 million, resulting in an effective tax rate of approximately 2.8%. For the nine months ended September 30, 2022, the Company recorded an income tax expense of $8.3 million on pre-tax book income of ...