Upgrade to SI Premium - Free Trial

iHeartMedia, Inc. (IHRT) reported revenue at $799 million, provides guidance

May 9, 2024 7:41 AM

iHeartMedia, Inc. (NASDAQ: IHRT) reported revenue for the quarter came in at $799 million versus the consensus estimate of $805.21 million.

Guidance:

Q2 Consolidated Revenue expected to be approximately flat.
Q2 Consolidated Adjusted EBITDA3 expected to be $140 million to $160 million
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.

Categories

Earnings