secwatch.observer — SEC 8-K summary
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Issuer:     iHeartMedia, Inc. (IHRT)
CIK:        0001400891
Form:       8-K
Filed at:   2025-05-12T23:59:59+00:00
Accession:  0001400891-25-000033
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

iHeartMedia Q1 revenue up 1% to $807M, net loss spikes to $281M; podcast revenue +28%
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- Revenue $807M (+1.0% YoY); Digital Audio Group revenue +16% to $277M, podcast +28% to $116M.
- Net loss of $280.9M vs $18.1M in Q1 2024; Adjusted EBITDA flat at $105M.
- Multiplatform Group revenue down 4% to $473M, segment EBITDA -9% to $70M; Audio & Media Services EBITDA -33%.
- Cash used in operations $60.9M; free cash flow -$80.7M; cash balance $167.7M; net debt $4.6B.
- Q2 guidance: consolidated revenue down low-single digits, Adjusted EBITDA $140M-$160M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1400891/000140089125000033/0001400891-25-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1400891/000140089125000033/ihm-20250512.htm
  HTML page:      https://secwatch.observer/filing/0001400891-25-000033

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