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

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.

You May Also Be Interested In

• Jefferies upgrades Shopify to Buy on AI commerce tailwinds, sees 30% upside
• Victory Capital reports $346.1 billion in total client assets for June
• JD.com, Inc (JD) PT Lowered to $37 at Macquarie ahead of earnings