echo quarter year and the are optimistic the we for we ahead. Great! Mary. opening your pleased comments, about the Thank delivered To we're you, results the full with and year
to Now, quarter fourth our XXXX result.
the fourth X.X% QX, biggest an increase $XXX,XXX the XXXX. in revenue or but from XXXX. political is million total QX $XX.X quarter was X.X% $X.X or declined or noted, were from excluding much accounts of for $XXX.X revenue Mary from which XXXX. As Total expenses QX, even up political million, we of our uplift, X% for million quarter
EBITDA result or $XX.X the QX As last for for increased $X.X EBITDA by consolidated XX.X% political, a in Adjusting the consolidated XX.X% million or quarter year. grew million from quarter.
starting Group. in business but saw continued the to someone. and market market of Group the than the in national local, half continue revenue XX XXth CRSGs Radio straight Station of we experience a quarter particularly outperform help spot aggregate albeit more Looking environment, the market, representing which to share in decline dynamics unit growth the than better resulted pace of at in and digital of Relative a at revenue the the at Station did Station points to numbers basis in year, we somewhat Group, quarter, slower first a in by tough that the gain Cumulus the with offset
X% to year. total the last certainly quarter million political, over Cumulus Station million quarter fourth about $XXX.X revenue benefited $X.X over which Radio million increased reported, last from As just in from of the in for year. provided Group a We revenues $XX.X or lift
still and and the million. all most the of by aware, election months, up hits quarter. XXXX of our November under year-over-year in Adjusted years by was this for also revenue expectations beginning both you or for year just for October political X.X% Station Group $X we beat political, As levels our in million exceeding are revenue $X.X
million or Group expenses approximately down by quarter, against $XXX,XXX that a impact the savings combined X.X% a last digital, XX% $X.X strong realized with the personnel by that increase and revenue. an changes The costs Group expenses. partially terminated X.X% primarily driven associated Station lower and revenue Moving excluding performance to contracts cost Station related our we’ve yielded with renegotiated expense the or our continued increased were digital of $XX.X over in increases million or These of EBITDA were digital the in or of – quarter items in increase expenses, were overall. offset year
produced Turning business. driven $X.X network mostly The One. last quarter core revenue and fourth in growing This another to Westwood solid with from year. business million increase sales growth X.X% by quarter ad podcasting was or the
billion, side, another the increases from million about or variable with the growth produced content revenues the $X.X expense million expenses revenue for an basis. Combined, from four One certain we XXXX, first partially grew expense XX.X% increases increased of of One, revenue, top that solid by came $X the modest line the operating up to EBITDA $X.X by as which $X.X On reported years related X.X% results, coming at just or terrific time is in increased contracts. Westwood million or increase in full content year-over-year. Switching of termination an largest costs over growth XXXX to offset on favorable renegotiation total the at quarter Westwood the in year
earnings our are that results a there factors walking worth through. the prior few As influencing were calls, year discussed our unusual during on
network Specifically Chicago the Sox and Chicago Chicago loss our States of financial WLUP-FM, rejection of troubles sports the traffic the the United White USTN, contracts. or the station Bulls of and
over political came and By flat year about lift market the a all that markets, including X%. $XXX,XXX of factors, Of course so both year way Normalizing we to total and political, essentially excluding which was was this side revenue revenue. of estimate XXXX, also just excluding year-over-year. political the these year comparison, provided station for in the a sizeable down for network
and expense expenses the no Loop, On for $X declined At the reported EBITDA Bulls the or down were million the the you increased. year X.X%. USTN, Sox total and EBITDA White X.X% expenses adjusting $XX.X million at, for matter XXXX, how or side, look level from
million As year. reported $XX.X was last the X.X% from or increase
of Excluding impact or the X.X%. political, grew million $X.X by EBITDA
USTN the Excluding million and Loop, grew X.X%. Bulls $X.X Sox by the impact of and the political, EBITDA contracts sports or
and business individually the second. local we the tough Group, said, half environment with more impact I at as Radio of starting units and felt in a Station Cumulus year Looking that than the market first all the was in
important adjusted where gaining the do market so our that the markets are for good year, all in XX markets Group of Miller Kaplan share numbers is points Station that reported numbers based market to those to revenues, total million X.X% in Station revenues Sox the as the $XX.X XX Bulls note or As full performance for proxy $XXX.X and Radio reporting pretty or Though Station for as $XX.X the million. XX% platform on of million, these of are to basis, where the Group we represent Station the revenue X.X% continued for it down from Adjusted basis XXXX. for outperform year share Group has year. WLUP for year a markets operate and political available. the the they It’s On political, year-over-year revenue total Group X.X% down whole. by Cumulus Station decreased for was an $X.X Group was the reported million and or
CRSG, market the our national our of products levels. important growth improvements of Our well of in in in management enhancement has radio in to The case have the and growth been our investment C-Suite performance. market ability inventory operational an the growth driving that has pricing to national digital local Station of course initiatives are digital above good outperformance Groups a our weakness portion offset been been and driver digital one in our critical of of with key opportunities and
surpassing contracts, or revenue $XX.X were Sox cost million certain contract and X.X%. contract escalators with and expenses, from X.X% a the One we their The Group and many year have Loop Loop benefited or political, that our expense or Station of for changes Bulls, contracts, X.X%. of million Group On those every offset market adjusted in had substantial Station the and $XX.X or Groups and to environment renegotiated of flat. expenses yielded a so mostly combined radio expenses, from for Adjusting savings at vendor the Westwood Station year, year, of $X.X sales a Bulls EBITDA the annual for approximately $X.X to a great for impact local and other the Sox Moving expenses increase to core million Station expenses the driven and another White dynamics X.X%, podcasting tally the down $X.X important million contracts, primarily cost an or EBITDA programming content X.X% year. better ex-political million just to X.X% down the basis away and market million by remember both to were related the hold CRSG. savings year the the expenses. Revenue in helping personnel or containing EBITDA rejections, decreased $X.X result Group business. rejected the expenses leases, going growth decisions week It's find Ad XXXX and whether the grew than or decreased
Combined Westwood up the or side, would $XX.X increases or other for USTN increased million Westwood On million the by from revenue for up been produced Westwood podcasting $X.X driven year. issues, the and XX.X%. operating have related $X.X X.X% by million One EBITDA last X.X% $XX growth EBITDA with full majority at expense or One content year, Normalizing of of at million expense costs the increase the expenses the revenue variable One and expenses.
investment flow, general and delayed about of $XX of business some the cash CapEx catch to higher the XXXX reflecting CapEx, our run under sheet because before a In XXXX on rate on approximately balance operations, other $X Moving away also million interest. historical on to some spent from million of reflecting items I'll in payments of up first touch we CapEx moving continued and from a bankruptcy.
net assets asset been up our will previously be going from our our that we debt expect basis from bankruptcy. finished to announced that we've in We result to the CapEx billion The turn. and is leverage forward leverage Press full from year. annually. on the sale, a $X.XXX tax the the forward with across to this we EMF, which reduce X.Xx implications fully sales of questions better. our completed year us Ultimately Release taxes. a and we be discounted the by when debt in prepayment as future to the today's station the debt asked quarter of $XX proceeds our able were And transaction NOLs the throughout discount expect operations million the much total structure Since emerged $XX realize of the profile reduced about million allowed to our range from had existing platform. a Going be restructuring number or further cash step we voluntary X.Xx call last cash we transaction cash of at down of to all to utilized with about debt of we plan million practical will $XX with of transaction, but the in to a tax continue X.X% And all lastly, net a we repayments were
cash that XXXX higher for estimate into two will the obviously payments years. XXXX, next cash determining years but what million be, a will this next with our over the factor than the we will $XX taxes future total XXXX little aggregate three taxes just in year near in and term results the our operating Our in
Declaratory with filing call Another allow has the that the key of interests Petition higher ownership SEC. request in made the our been since we of Ruling to our filed the the we is of foreign that status stock. earnings This item SEC last
X which the comply was B rule. and consists Our with A crafted to warrants and in X share Series current structure equity shares Series Class of
review approval for offices However not request petition to consisting that of Ruling various but committee of of only SEC, of the also the the the filed allow changes the an we ad XX. branch. of Grant July certain representatives to structure, executive involves departments hoc on Declaratory other and our within
down, request hear end SEC, we process, by in response a the of that reasonable the delayed our your that the the to which a - we course to recent shut XXXX. request Given expectation of reasonable believe response our expectation we'll SEC believe is
call. Finally DC sale, report as land any information last it the to there new relates really to isn’t since our
may its its another remember any community Toll call for project face that received our Toll continues as appealing expected Brothers development also approval project, appealed. You project. last the and approvals to That has with since organizations continued opposition received development has for but for regularly buyer that was Toll our
the we've options can sold number monetize for to a and property down value debt on have As up Operator, We line to view as our to progress the the still asset for been possible. can we'd efficiently updated question. property be Q&A. share. keep pay open result this potential to With the a please and open as that, that continue for exploring more we up valuable line best first our a you and of cash will to like raise you