iHeartMedia, Inc. (IHRT) Reports Q1 Revenues Miss
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- Wall St futures muted as oil gains curb risk appetite after S&P record close
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- Reddit to join S&P 500 index on Aug. 18, shares leap
iHeartMedia, Inc. Reports Results for 2020 First Quarter
May 7, 2020 4:00 PM EDTSAN ANTONIO, Texas--(BUSINESS WIRE)-- iHeartMedia, Inc. (Nasdaq: IHRT) today reported financial results for the quarter ended March 31, 2020.
Financial Highlights
Strong financial performance in January and February was followed by a sharp decline in revenue in March resulting from the effects of the coronavirus ("COVID-19") pandemic. Continued audience and revenue growth in podcasting and digital Strong liquidity position and resilient capital structure: Cash balance of $646.8 million as of March 31, 2020 Over 90% of long-term debt maturing in... More