Bank of America lowered shares of iHeartMedia (NASDAQ:IHRT – Get Rating) from a neutral rating to an underperform rating in a report published on Tuesday morning, MarketBeat reports. Bank of America currently has $4.00 target price on the stock, down from their previous target price of $6.50. Several other brokerages also recently weighed in on […]
Bank of America downgraded shares of iHeartMedia (NASDAQ:IHRT – Get Rating) from a neutral rating to an underperform rating in a research report report published on Tuesday, Marketbeat.com reports. The firm currently has $4.00 price objective on the stock, down from their previous price objective of $6.50. IHRT has been the subject of a number […]
Operator: Good day, everyone. My name is Kelly, and I ll be your conference operator for today. At this time, I d like to welcome everyone to the iHeartMedia Q4 2022 Earnings Call.
iHeartMedia reveals operating results from the fourth quarter of 2022 and for the full year of 2022. The company says net revenue for Q4 was $1.12 billion, an increase of 6% over the same period in 2021, and full year net revenue for 2022 was $3.9 billion, up 10% over the previous year. The company…