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iHeartMedia, Inc. Reports Results for 2023 Second Quarter

08.08.2023 - iHeartMedia, Inc. (Nasdaq: IHRT) today reported financial results for the quarter ended June 30, 2023. Financial Highlights:1 Q2 2023 Consolidated Results Q2 Revenue of $920 million, down 3.6%; slightly better than the guidance range of down . ....

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Revenue, Income Dip For iHeartMedia In Second Quarter 2023

Second quarter 2023 revenue dipped 3.6% year-over-year to $920 million at iHEARTMEDIA, which the company quickly noted slightly beat its guidance of "down mid-single digits" for the quarter. Excluding political revenue, revenue declined 1.8%. Consolidated Adjusted EBITDA dropped from $237 million to $191 million, and GAAP Operating Income fell from a gain of $83 million to a loss of $897 million, which includes $961 million of non-cash intangible impairment charges.The company s . ....

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iHeartMedia (NASDAQ:IHRT) Trading Up 7.4%

Shares of iHeartMedia, Inc. (NASDAQ:IHRT – Get Free Report) were up 7.4% during mid-day trading on Monday . The stock traded as high as $4.52 and last traded at $4.52. Approximately 181,717 shares were traded during trading, a decline of 83% from the average daily volume of 1,051,641 shares. The stock had previously closed at […] ....

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iHeartMedia (NASDAQ:IHRT) Shares Down 5.7%

IHeartMedia, Inc. (NASDAQ:IHRT – Get Free Report)’s stock price fell 5.7% during trading on Friday . The company traded as low as $4.13 and last traded at $4.15. 223,582 shares traded hands during mid-day trading, a decline of 79% from the average session volume of 1,077,326 shares. The stock had previously closed at $4.40. Wall […] ....

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iHeartMedia (NASDAQ:IHRT) Trading Up 8.5%

IHeartMedia, Inc. (NASDAQ:IHRT – Free Report)’s stock price shot up 8.5% on Monday . The company traded as high as $4.36 and last traded at $4.32. 457,326 shares traded hands during mid-day trading, a decline of 58% from the average session volume of 1,076,370 shares. The stock had previously closed at $3.98. Analysts Set New […] ....

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