iHeartMedia Q2 revenue $934M (+0.5% YoY); Adj. EBITDA $156M at high end; FCF negative

iHeartMedia, Inc.

2025-Q2 EPS reported -$2.38 revenue$1,740,754,000

GAAP operating income $35M vs loss of $910M in Q2 2024 (prior year had large impairment).
Digital Audio revenue $324M (+13%); Podcast up 28% to $134M.
Multiplatform Group revenue $545M (-5%) due to broadcast ad decline.
Q3 guidance: revenue down low-single digits overall; Adj. EBITDA $180M-$220M.
Appointed Lisa Coffey as Chief Business Officer to advance ad tech platform.

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