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

February 29, 2024 8:03 AM

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.

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Earnings