iHeartMedia, Inc. Reports Results for 2019 Second Quarter

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iHeartMedia, Inc. (IHRT) Reports Q2 Revenues Beat

August 15, 2019 6:32 AM EDT

iHeartMedia, Inc. (NASDAQ: IHRT) reported Q2 revenue for the quarter came in at $913.3 million versus the consensus estimate of $774.06 million.

Second Quarter

Revenue of $913.3 million, up 2.4% year-over-yearOperating income of $181.6 million was up 0.2% year-over-yearAdjusted EBITDA1 of $262.9 million, up 3.2% year-over-year

iHeartMedia is the number one audio company in America and the only true multi-platform audio company able to reach consumers at scale, said Bob Pittman, Chairman... More