secwatch.observer — SEC 8-K summary
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Issuer:     iHeartMedia, Inc. (IHRT)
CIK:        0001400891
Form:       8-K
Filed at:   2023-11-09T23:59:59+00:00
Accession:  0001400891-23-000042
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

iHeartMedia Q3 revenue $953M (-3.6%); Adj. EBITDA $204M at high end of guidance
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- Q3 revenue $953M (down 3.6% YoY); GAAP operating income $69M vs prior-year loss of $211M.
- Consolidated Adj. EBITDA $204M, within guidance $195-205M (down from $252M YoY).
- Digital Audio Group rev. $267M (+5%); podcast rev. $103M (+13%).
- Multiplatform Group rev. $626M (-5%); segment Adj. EBITDA $162M (-22%).
- Repurchased $89M principal of 8.375% notes for $65M cash; Q4 guidance: rev. decline high-single digits, Adj. EBITDA $205-215M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1400891/000140089123000042/0001400891-23-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1400891/000140089123000042/ihm-20231109.htm
  HTML page:      https://secwatch.observer/filing/0001400891-23-000042

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