iHeartMedia

iHeartMedia, Inc. engages in the provision of media and entertainment services. It operates through the following segments: Multiplatform Group, Digital Audio Group, and Audio and Media Services Group. The Multiplatform Group segment consists of Broadcast radio, Networks and Sponsorships and Events businesses. The Digital Audio Group segment focuses on the Digital businesses, including Podcasts. The Audio and Media Services segment includes Katz Media Group (“Katz Media”), the company's full-service media representation business, and RCSSound Software (RCS), a provider of scheduling and broadcast software and services. The company was founded by L. Lowry Mays and B. J. McCombs in May 2007 and is headquartered in San Antonio, TX.

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Earnings data Q4 2023

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Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

iHeartMedia achieves record Q4 earnings, eyes digital growth amid challenges

iHeartMedia's Q4 2022 earnings call showcased exceptional financial performance, operational efficiency gains, and strategic initiatives positioning the company for long-term success. While facing near-term revenue challenges and margin pressures from low-margin businesses, iHeartMedia remains focused on growth opportunities in digital audio and broadcast radio.

iHeartMedia surpasses Q1 expectations, eyes podcasting growth and efficiency

iHeartMedia's Q1 performance exceeded expectations, with strengths in podcasting and market positioning offsetting challenges in the Multiplatform Group.
The company's focus on revenue growth, cost management, and technology investments align with opportunities in podcasting, marketplaces, and operational efficiency.
While facing revenue declines and cash flow challenges, iHeartMedia remains optimistic about future performance, driven by podcasting, streaming, and AI initiatives.
Management's emphasis on financial discipline, margin improvements, and efficiency enhancements underpin iHeartMedia's strategy for sustained growth and market leadership.

iHeartMedia reports solid Q2 performance, eyes strong Q4 recovery

iHeartMedia delivered a solid Q2 performance meeting adjusted EBITDA guidance and generating positive free cash flow. The company faces challenges with revenue declines and a significant impairment charge but anticipates a strong Q4 recovery.
Strengths lie in financial discipline, strategic marketing prowess, and effective consumer engagement strategies. Opportunities include leveraging digital channels, enhancing data capabilities, and capitalizing on podcasting's engagement potential.
Navigating challenges while capitalizing on opportunities will be key for iHeartMedia's growth and resilience. The company's strategic foresight and market understanding position it well for the future despite short-term hurdles.
Investments in data capabilities, digital channels, and maintaining positive free cash flow will be crucial for iHeartMedia's success amidst evolving market dynamics and competition.

iHeartMedia surpasses Q3 expectations with strong podcasting and digital growth

iHeartMedia's Q3 performance exceeded expectations, driven by strong podcast and digital revenue growth.
While facing challenges in Q4, the company remains confident in its growth trajectory for 2024.
Strategic focus on podcasting, AI, and event monetization positions iHeartMedia for continued success.
Efforts to optimize costs and diversify revenue streams are key priorities for sustained growth.

iHeartMedia reports strong Q4 results, eyes growth in digital audio

iHeartMedia's Q4 performance was solid, with a focus on digital growth and profitability enhancements.
While facing challenges in certain segments, the company is strategically positioned to capitalize on opportunities in broadcast radio and podcasting.
Investors can look forward to a recovery year in 2024, marked by growth initiatives and improved financial performance.

iHeartMedia meets Q1 targets, eyes podcast growth for future success

iHeartMedia's Q1 performance aligned with expectations, with a focus on podcasting growth.
While facing revenue challenges in some segments, the company maintains financial stability.
Opportunities lie in leveraging podcasting momentum and enhancing revenue diversification.
Strategic cost management and digital innovation are key for sustained growth and profitability.

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iHeartMedia dips to recent lows despite strong guidance for Q2'22. The media business expects to start generating adjusted EBITDA and FCF in excess of 2019 levels.

iHeartMedia: Recession Baked In

NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (Nasdaq: IHRT) (“iHeartMedia”) announced today that Bob Pittman, Chairman and Chief Executive Officer, and Rich Bressler, President, Chief Operating Officer & Chief Financial Officer, will participate in a question and answer session during J.P. Morgan's 50th Annual Global Technology, Media and Communications Conference in Boston, Massachusetts on Tuesday May 24th at 3:30 p.m. ET. A live webcast of the session will be available to the general pub

iHeartMedia Chairman and Chief Executive Officer Bob Pittman and President, Chief Operating Officer & Chief Financial Officer Rich Bressler to Participate in J.P. Morgan's 50th Annual Global Technology, Media and Communications Conference

iHeartMedia, Inc. (NASDAQ:IHRT ) Q1 2022 Earnings Conference Call May 5, 2022 4:30 PM ET Company Participants Michael McGuinness - EVP, Deputy Chief Financial Officer & Head of IR Robert Pittman - Chairman & Chief Executive Officer Richard Bressler - President, Chief Operating Officer & Chief Financial Officer Conference Call Participants Jessica Reif Ehrlich - BofA Securities Steven Cahall - Wells Fargo Sebastiano Petti - JPMorgan Daniel Day - B. Riley Securities Operator Good day, and thank you for standing by.

iHeartMedia, Inc. (IHRT) CEO Robert Pittman on Q1 2022 Results - Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (Nasdaq: IHRT) today reported financial results for the quarter ended March 31, 2022. Financial Highlights: Q1 2022 Consolidated Results Q1 Revenue of $843 million up 19.4% YoY; slightly exceeded high end of guidance range of up approximately 17%-19% GAAP Operating income of $12 million vs. Operating loss of $76 million in Q1 2021 Consolidated Adjusted EBITDA of $145 million increased 42% YoY Consolidated Adjusted EBITDA margin of 17.2%, up 275 bps f

iHeartMedia, Inc. Reports Results for 2022 First Quarter

--(BUSINESS WIRE)--iHeartMedia (NASDAQ:IHRT) WHAT: This June, P&G and iHeartMedia will once again join forces during Pride Month for the return of “Can't Cancel Pride 2022 – Proud AND Together,” a fundraiser for the LGBTQ+ community celebrating visibility and inclusivity for all. The special event will feature performances and appearances from the most influential voices in the LGBTQ+ community as well as the biggest names in culture and entertainment at the iHeartRadio Theater Los Angeles

P&G And iHeartMedia Announce Third Annual “Can't Cancel Pride 2022 – Proud AND Together” on June 14

NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (NASDAQ: IHRT), the leading audio company in America, today announced that it has named Sarah van Mosel as Executive Vice President of the iHeart Audience Network (iAN). The iHeart Audience Network – the next evolution of audience-based buying – is a new service from iHeart that simplifies audio advertising. With inventory sourced from the expansive iHeartRadio database and other premium publishers across streaming and podcasting, the iHeart Audience

iHeartMedia Welcomes Sarah Van Mosel as Executive Vice President of the iHeart Audience Network

IHeartMedia (IHRT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

IHeartMedia (IHRT) Expected to Beat Earnings Estimates: Should You Buy?

NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (NASDAQ: IHRT) announced today that on Thursday May 5th, 2022, it will issue financial results for the quarter ending March 31, 2022. The company will conduct a conference call at 4:30 p.m. (ET), following the release of its earnings announcement to discuss its financial results and business outlook. A live audio webcast of the call will be available on the Investors homepage of iHeartMedia's website (https://investors.iheartmedia.com/) beginning at

iHeartMedia, Inc. to Report Quarterly Financial Results on May 5, 2022

Offering the largest reach in the DMV, this exclusive deal will include gameday coverage on Big 100.3 FM and more ways for fans to listen daily on the iHeartRadio App, a free all-in-one digital music, podcasting and live streaming radio service LANDOVER, Md. , April 12, 2022 /PRNewswire/ -- Today the Washington Commanders announced a new three-year partnership deal with iHeartMedia D.C.

Washington Commanders Announce Three-Year Audio Partnership with iHeartMedia D.C.

LOS ANGELES--(BUSINESS WIRE)--iHeartMedia and KIIS FM will kick off the Summer celebrating Pop music's legendary Summer festival, “iHeartRadio KIIS FM Wango Tango,” LIVE on June 4 at Dignity Health Sports Park in Los Angeles. The event, hosted by Ryan Seacrest, will return with performances from Shawn Mendes, The Chainsmokers, Camila Cabello, Becky G, Charlie Puth, Lauv, 5 Seconds of Summer, Tate McRae, Latto, Lauren Spencer-Smith, GAYLE and Em Beihold plus a special performance by Diplo at Dus

iHeartMedia Announces Lineup for the 2022 “iHeartRadio KIIS FM Wango Tango” on June 4

NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (NASDAQ: IHRT), the leading audio company in America, today announced that it has named Sam Englebardt, General Partner of Galaxy Interactive, to its Board of Directors. Galaxy Interactive is a venture capital franchise focused on companies operating at the intersection of content, finance and technology, with a particular emphasis on video game studios, NFTs, social platforms and financial marketplaces. Englebardt, an accomplished media and technolo

iHeartMedia Names Sam Englebardt to Its Board of Directors

NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (Nasdaq: IHRT) (“iHeartMedia”) announced today that Bob Pittman, Chairman and Chief Executive Officer, and Rich Bressler, President, Chief Operating Officer & Chief Financial Officer, will participate in a question and answer session during Deutsche Bank's 30th Annual Media, Internet & Telecom Conference in Palm Beach, Florida on Tuesday March 15th at 2:50 p.m. ET. A live webcast of the session will be available to the general public at the s

iHeartMedia Chairman and Chief Executive Officer Bob Pittman and President, Chief Operating Officer & Chief Financial Officer Rich Bressler to Participate in Deutsche Bank's 30th Annual Media, Internet & Telecom Conference

iHeartMedia Inc (NASDAQ: IHRT) reported fourth-quarter FY21 revenue growth of 13.5% year-on-year to $1.06 billion, beating the consensus of $1.04 billion. The Q4 revenue was up 25% Y/Y, excluding the impact of Political.

iHeartMedia Clocks 13.5% Revenue Growth In Q4

iHeartMedia, Inc. (IHRT) CEO Bob Pittman on Q4 2021 Results - Earnings Call Transcript

iHeartMedia (IHRT) delivered earnings and revenue surprises of 40.74% and 2.32%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

IHeartMedia (IHRT) Beats Q4 Earnings and Revenue Estimates

NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (Nasdaq: IHRT) today reported financial results for the quarter and year ended December 31, 2021. Financial Highlights: Q4 2021 Consolidated Results Q4 Revenue of $1,062 million up 14% YoY; exceeding prior guidance of up approximately 10% Excluding the impact of Political, Q4 revenue was up 25% YoY Q4 2021 Consolidated Revenue up 3.5% vs. Q4 2019 GAAP Operating income of $123 million increased 9% vs. $113 million in Q4 2020 Consolidated Adjusted EBIT

iHeartmedia, Inc. Reports Results for 2021 Fourth Quarter and Full Year

Veritone

DENVER & NEW YORK--(BUSINESS WIRE)--iHeartMedia to Utilize Veritone's Synthetic Voice Technology to Translate and Produce Podcasts for New Markets

iHeartMedia to Utilize Veritone's Synthetic Voice Technology to Translate and Produce Podcasts for New Markets

NEW YORK--(BUSINESS WIRE)--iHeartMedia, the largest audio media company in the U.S. and the top podcast publisher globally according to Podtrac, announced a partnership today with Sounder, an audio intelligence platform that builds foundational podcasting technology to drive monetization, brand safety and discoverability for audio content. iHeartMedia will leverage Sounder's Audio Data Cloud to provide both established and emerging podcast creators the best AI and Machine Learning (ML) tools to

iHeartMedia Partners with Sounder to Launch Best-in-Class Brand Safety Tools Across the Largest Global Podcast Network

NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (NASDAQ: IHRT) announced today that on Wednesday February 23rd, 2022, it will issue financial results for the quarter and year ending December 31, 2021. The company will conduct a conference call at 8:30 a.m. (ET), following the release of its earnings announcement to discuss its financial results and business outlook. A live audio webcast of the call will be available on the Investors homepage of iHeartMedia's website (https://investors.iheartmedia.

iHeartMedia, Inc. to Report Quarterly and Annual Financial Results on February 23, 2022

NEW YORK--(BUSINESS WIRE)--iHeartMedia announced today the return of the iHeartCountry Festival Presented by Capital One on Saturday, May 7. Now in its ninth year, the 2022 lineup will feature Country music's hottest artists including Thomas Rhett, Carrie Underwood, Zac Brown Band, Maren Morris, Dustin Lynch, Jimmie Allen, Scotty McCreery, Cody Johnson and more performing live at the new “Moody Center” in Austin, hosted once again by iHeartMedia's nationally-syndicated top on-air Country person

Thomas Rhett, Carrie Underwood, Zac Brown Band, Maren Morris, Dustin Lynch, Jimmie Allen, Scotty Mccreery, Cody Johnson and More Lead the Lineup for the 2022 ‘iHeartCountry Festival Presented by Capital One'

NEW YORK--(BUSINESS WIRE)--iHeartMedia, the number one audio company in the U.S., today announced the second annual “iHeartRadio Living Black! Empowered by AT&T” a month-long on-air celebration that will culminate with a special event featuring performances by Big Sean, H.E.R., Moneybagg Yo, Ari Lennox and more, plus a special moment from Lizzo at the iHeartRadio Theater Los Angeles and Black-owned businesses across the country. The event will also feature special appearances from J. Cole,

Big Sean, H.E.R., Moneybagg Yo, Ari Lennox to Perform Plus A Special Moment from Lizzo During “iHeartRadio Living Black!

The average of price targets set by Wall Street analysts indicates a potential upside of 53.4% in iHeartMedia (IHRT). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Predict a 53% Upside in iHeartMedia (IHRT): Here's What You Should Know

LOS ANGELES--(BUSINESS WIRE)--For the sixth consecutive year, iHeartMedia Los Angeles' KOST 103.5, will join Children's Hospital Los Angeles on Giving Tuesday, Nov. 30, for its Season of Giving fundraising campaign. Giving Tuesday is the international day of charitable giving that takes place on the first Tuesday after Thanksgiving. The Season of Giving campaign, which runs through the end of the year, appeals to the community to donate funds that will directly support the pediatric medical car

iHeartMedia Los Angeles' KOST 103.5 and Children's Hospital Los Angeles to Launch Season of Giving Fundraising Campaign on Tuesday, Nov. 30

iHeartMedia reported another strong quarter, soaring past analyst estimates. The media company continues to make huge progress in shifting to digital media with Digital Audio revenues growing over 77%.

iHeartMedia: Look Past Tough Political Comps

iHeartMedia, Inc. (IHRT) CEO Bob Pittman on Q3 2021 Results - Earnings Call Transcript

News for iHeartMedia Stock (IHRT)