iHeartMedia, Inc. (IHRT) Reports Q3 results, offers outlook

iHeartMedia, Inc. (NASDAQ: IHRT) reported Q3 Revenue for the quarter at $1.01 billion versus the consensus estimate of $999.99 million.

OUTLOOK

Q4 Consolidated Revenue expected to increase in the high-single digits
Full Year 2024 Consolidated Revenue expected to increase in the mid-single digits
Q4 Consolidated Adjusted EBITDA3 expected to be approximately $290 million, up approximately 39%
Full Year 2024 Consolidated Adjusted EBITDA3 expected to be approximately $750 million, up approximately 8%
Full Year 2025 Consolidated Revenue expected to be approximately flat in a non-political year
Full Year 2025 Consolidated Adjusted EBITDA3 expected to be approximately $770 million, up approximately 3% in a non-political year

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

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