iHeartMedia, Inc. (IHRT) reported revenue, provides guidance

iHeartMedia, Inc. (NASDAQ: IHRT) reported revenue for the quarter came in at $1.07 billion versus the consensus estimate of $1.04 billion.

Guidance:

Q1 Consolidated Revenue expected to be flat to down 2%
Q1 Consolidated Adjusted EBITDA3 expected to be $100 million to $110 million, up from $93 million in prior year
Remain committed to long term target of approximately 4x Net Debt to Adjusted EBITDA (\"net leverage\")3

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

You May Also Be Interested In

• Barrick Mining said to delay IPO of American gold business to 2027
• Methode Electronics (MEI) Tops Q1 EPS by 2c; offers guidance
• Chargepoint Holdings Inc. (CHPT) Tops Q2 EPS by 25c, Beats on Revenue