secwatch.observer — SEC 8-K summary
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Issuer:     iHeartMedia, Inc. (IHRT)
CIK:        0001400891
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0001400891-24-000020
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

iHeartMedia Q1 adj. EBITDA $105M, first YoY growth in 5 quarters; revenue $799M
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- Q1 revenue $799M, down 1.5% YoY, in line with guidance of flat to down 2%.
- Adjusted EBITDA $104.6M, up from $93.4M; first YoY increase in five quarters.
- Digital Audio Group revenue $239M (+7%); Podcast revenue $91M (+18%).
- Multiplatform Group revenue $493M (-7%) as broadcast radio declined 6.2%.
- Q2 guidance: revenue approximately flat, adjusted EBITDA $140M-$160M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1400891/000140089124000020/0001400891-24-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1400891/000140089124000020/ihm-20240509.htm
  HTML page:      https://secwatch.observer/filing/0001400891-24-000020

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