IHRT Stock Recent News
IHRT LATEST HEADLINES
The U.S. Federal Trade Commission and seven U.S. states sued Alphabet Inc's Google and iHeartMedia Inc on Monday over alleged deceptive ads promoting Google's Pixel 4 smartphone in 2019 and 2020, the FTC said.
iHeartMedia, Inc. (NASDAQ:IHRT ) Q3 2022 Results Conference Call November 3, 2022 4:30 PM ET Company Participants Mike McGuinness - Deputy CFO and Head IR Bob Pittman - Chairman and CEO Rich Bressler - President, COO and CFO Conference Call Participants Steven Cahall - Wells Fargo Dan Day - B. Riley Securities Jim Goss - Barrington Research Operator Good afternoon.
iHeartMedia (IHRT) delivered earnings and revenue surprises of 0% and 0.63%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (NASDAQ: IHRT) announced today that on Thursday November 3rd, 2022, it will issue financial results for the quarter ending September 30, 2022.
iHeartMedia stock has sold down from $28 in late 2020 to under $7 over the summer. The company has the best podcast publishing footprint in the world and has transitioned from just 12% of revenue from digital to 26% in just two years.
iHeartMedia and State Farm launched iHeartLand on Wednesday, which will feature gaming, live events, music, and more.
IHRT shares are down almost 60% year-to-date but appear to have bottomed with the latest quarterly results. Management sounded confident about the second half of the year, believing that they can capture significant political ad dollars during the upcoming elections over Q3 and Q4.
iHeartMedia, Inc. (NASDAQ:IHRT ) Q2 2022 Results Conference Call August 4, 2022 4:30 PM ET Company Participants Mike McGuinness - EVP, Deputy CFO and Head, IR Bob Pittman - Chairman and CEO Rich Bressler - President, COO and CFO Conference Call Participants Daniel Day - B. Riley Steve Cahall - Wells Fargo Mike McGuinness Good afternoon, everyone, and thank you for taking the time to join us for our second quarter 2022 earnings call.
iHeartMedia (IHRT) delivered earnings and revenue surprises of 25% and 0.19%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
iHeartMedia dips to recent lows despite strong guidance for Q2'22. The media business expects to start generating adjusted EBITDA and FCF in excess of 2019 levels.