iHeartMedia(IHRT) - 2024 Q2 - Quarterly Results

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 ...