secwatch.observer — SEC 8-K summary
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Issuer:     iHeartMedia, Inc. (IHRT)
CIK:        0001400891
Form:       8-K
Filed at:   2022-05-05T23:59:59+00:00
Accession:  0001400891-22-000022
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

iHeartMedia Q1 revenue $843M beats guidance; Adj EBITDA $145M up 42% YoY
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- Revenue $843M (+19.4% YoY) exceeded high end of 17-19% guidance range; GAAP operating income of $12M vs loss of $76M.
- Adjusted EBITDA $145M (+42% YoY); margin expanded 275 bps to 17.2% from 14.5%.
- Digital Audio revenue $214M (+36% YoY); podcast revenue $69M (+79% YoY).
- Q2 guidance: revenue approx. +10-14% YoY; Adj EBITDA expected $225-245M.
- Net loss narrowed to $48.7M from $242M; operating cash flow negative $52M due to bonus payouts.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1400891/000140089122000022/0001400891-22-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1400891/000140089122000022/ihm-20220505.htm
  HTML page:      https://secwatch.observer/filing/0001400891-22-000022

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer