secwatch.observer — SEC 8-K summary
======================================

Issuer:     iHeartMedia, Inc. (IHRT)
CIK:        0001400891
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001400891-22-000039
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

iHeartMedia Q3 revenue up 7% to $989M, adj. EBITDA $252M at high end of guidance; digital audio revenue up 23%
--------------------------------------------------------------------------------

- Revenue $989M (+7% YoY) at high end of 3-7% guidance; GAAP operating loss $211M includes $302M FCC license impairment.
- Consolidated Adjusted EBITDA $252M (+10% YoY) at high end of $240-255M guidance; margin 25.5%.
- Digital Audio revenue $254M (+23% YoY); podcast revenue $91M (+42% YoY); Digital ex-podcast $163M (+15%).
- Multiplatform revenue flat at $660M; Segment Adj. EBITDA $207M (-1% YoY), margin 31.4%.
- Q4 guidance: revenue +2%-6% YoY, Adj. EBITDA $305-325M; repurchased $75M notes at discount for $68M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1400891/000140089122000039/0001400891-22-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1400891/000140089122000039/ihm-20221103.htm
  HTML page:      https://secwatch.observer/filing/0001400891-22-000039

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