iHeartMedia, Inc. (IHRT) Reports Q4 Revenues Beat

iHeartMedia, Inc. (NASDAQ: IHRT) reported Q4 revenue for the quarter came in at $1.03 billion versus the consensus estimate of $999.47 million.

• Revenue of $1,026.1 million, flat year-over-year, excluding political revenue1, revenue increased 4.3%, driven by growth across all revenue streams
  • Digital revenue increased 33.6% year-over-year
• GAAP Operating income of $165.1 million was down 36.5% year-over-year, driven primarily by the impact of fresh start accounting
• Adjusted EBITDA1 of $306.1 million, down (0.6)% year-over-year

For earnings history and earnings-related data on iHeartMedia, Inc. (IHRT) click here.

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