iHeartMedia(IHRT)
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iHeartMedia(IHRT) - 2024 Q2 - Earnings Call Transcript
2024-08-08 20:18
iHeartMedia, Inc. (NASDAQ:IHRT) Q2 2024 Results Conference Call August 8, 2024 8:30 AM ET Company Participants Mike McGuinness - Head, Investor Relations Bob Pittman - Chairman and CEO Rich Bressler - President, Chief Operating Officer and CFO Conference Call Participants Jim Goss - Barrington Research Jessica Reif Ehrlich - Bank of America Securities Stephen Laszczyk - Goldman Sachs David Hamburger - Morgan Stanley Marlane Pereiro - Bank of America Securities Operator Good morning, and welcome to the iHear ...
IHeartMedia (IHRT) Reports Q2 Loss, Tops Revenue Estimates
ZACKS· 2024-08-08 14:25
IHeartMedia (IHRT) came out with a quarterly loss of $0.23 per share versus the Zacks Consensus Estimate of a loss of $0.31. This compares to loss of $5.93 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 25.81%. A quarter ago, it was expected that this radio company would post a loss of $0.55 per share when it actually produced a loss of $0.12, delivering a surprise of 78.18%. Over the last four quarters, the company has surp ...
iHeartMedia(IHRT) - 2024 Q2 - Quarterly Report
2024-08-08 12:06
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM _________ TO __________ Commission File Number 001-38987 IHEARTMEDIA, INC. (Exact name of registrant as specified in its charter) Delaware 26-0241222 (State or other jurisdi ...
iHeartMedia(IHRT) - 2024 Q2 - Quarterly Results
2024-08-08 12:02
Exhibit 99.1 rtMEDIA IHEARTMEDIA, INC. REPORTS RESULTS FOR 2024 SECOND QUARTER New York, NY, August 8, 2024 – iHeartMedia, Inc. (Nasdaq: IHRT) today reported financial results for the quarter ended June 30, 2024. Financial Highlights: 1 Q2 2024 Consolidated Results ▪ Q2 Revenue of $929 million, up 1.0%; above guidance of approximately flat • Excluding Q2 Political Revenue, Q2 Revenue flat ▪ GAAP Operating loss of $910 million vs. $897 million in Q2 2023, including non-cash impairment charges of $920 million ...
iHeartMedia(IHRT) - 2024 Q1 - Earnings Call Presentation
2024-05-09 15:27
First Quarter 2024 Investor Presentation May 9, 2024 NASDAQ: IHRT 2 Certain statements in this presentation constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of iHeartMedia, Inc. and its subsidiaries (the "Company"), to be materially different from any future results, performance or a ...
IHeartMedia (IHRT) Reports Q1 Loss, Misses Revenue Estimates
Zacks Investment Research· 2024-05-09 13:51
IHeartMedia (IHRT) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.55. This compares to loss of $1.50 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 78.18%. A quarter ago, it was expected that this radio company would post earnings of $0.05 per share when it actually produced earnings of $0.09, delivering a surprise of 80%.Over the last four quarters, the company has surpa ...
iHeartMedia(IHRT) - 2024 Q1 - Earnings Call Transcript
2024-05-09 13:20
Company Participants Conference Call Participants Hello. Thank you for standing by. My name is Sarah, and I will be your conference operator today. At this time, I would like to welcome everyone to the iHeartMedia Q1 2024 Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakerâs remarks, there will be a question-and-answer session. [Operator Instructions] Mike McGuinness At the conclusion of our prepared remarks, management will take your questions. In addition t ...
iHeartMedia(IHRT) - 2024 Q1 - Quarterly Report
2024-05-09 11:33
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM _________ TO __________ Commission File Number 001-38987 IHEARTMEDIA, INC. (Exact name of registrant as specified in its charter) Delaware 26-0241222 (State or other jurisd ...
iHeartMedia: Set Up For Big 2024
Seeking Alpha· 2024-04-17 18:33
hapabapa Though iHeartMedia, Inc. (NASDAQ:IHRT, OTCPK:IHRTB) faces a big advertising boost from the U.S. Presidential election cycle this year, the stock now trades back at the lows due to economic fears. In addition, the media company should ride the Podcast market growth over the next few years, as the revenue generated by this medium is still relatively small. My investment thesis remains ultra-bullish on the stock, with solid cash flows helping reduce the debt fears. Source: Finviz Big 2024 Ahead iHeart ...
Orbit Media and iHeartPodcasts Announce 'The Burden,' a New Podcast about a Jailhouse Law Firm, a Legendary Cop, and a Quest for Justice
Newsfilter· 2024-03-19 14:36
The first two episodes are available now Listen Here NEW YORK, March 19, 2024 (GLOBE NEWSWIRE) -- Today, Orbit Media, the podcast company co-founded by Oscar winner Fisher Stevens, and iHeartPodcasts, the no.1 podcast publisher according to Podtrac, announced "The Burden." A companion to "Empire on Blood," the #1 podcast produced by Orbit's creators, "The Burden" will invite listeners into a crazy world of murder where voiceless, convicted murderers must take down a legendary cop and disrupt the entire syst ...