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Stock impact report

iHeartMedia, Inc. Reports Results for 2023 Fourth Quarter and Full Year [Yahoo! Finance]

iHeartMedia, Inc. - Class A (IHRT) 
NASDAQ:AMEX Investor Relations: iheartmedia.com/investors/events
Company Research Source: Yahoo! Finance
Financial Highlights: Q4 2023 Consolidated Results Q4 Revenue of $1,067 million, down 5.2%; slightly better than the guidance range of down high-single digits Excluding Q4 Political Revenue, Q4 Revenue flat GAAP Operating income of $80 million vs. $173 million in Q4 2022 Consolidated Adjusted EBITDA of $208 million, within previously disclosed guidance range of $205 million to $215 million, compared to $316 million in Q4 2022 Cash Flows from operating activities of $154 million Free Cash Flow of $142 million, Free Cash Flow including net proceeds from real estate sales was $145 million Q4 2023 Digital Audio Group Results Digital Audio Group Revenue of $318 million up 6% Podcast Revenue of $132 million up 17% Digital Revenue excluding Podcast of $186 million down 1% Segment Adjusted EBITDA of $117 million up 17% Digital Audio Group Adjusted EBITDA margin of 36.7% Q4 2023 Multiplatform Group Results Multiplatform Group Revenue of $684 million down 7% Exc Show less Read more
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