$iHeartMedia (IHRT.US)$ BBC Studios Expands Strategic Partnership With iHeartMedia to Become the Exclusive Third-party Sales Partner for BBC Podcasts in the U.S. Thursday, 30th January at 10:00 am BBC Studios, producer and global distributor of innovative and world-class audio content from the BBC, and iHeartMedia, the leading audio company in the United States, today announced a multi-year deal that will make iHeartMedia the exclusive third-party advertising reseller of BBC podcasts to the U...
$iHeartMedia (IHRT.US)$ iHeartMedia, Inc. Reports Results for 2024 Third Quarter Positive Revenue increased 5.8% to $1,008 million in Q3 2024 Digital Audio Group revenue up 13% to $301 million Podcast revenue grew 11% to $114 million Cost efficiency programs to generate $150 million net annual savings in 2025 Q4 2024 Adjusted EBITDA expected to increase 39% to $290 million Negative Multiplatform Group revenue declined 1% to $620 million Multiplatform Group Adjusted EBITDA down 20% Net loss ...
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$iHeartMedia (IHRT.US)$sank more than 35% Thursday to an all-time intraday low after the radio giant missed analyst expectation for its Q1 revenues. IHRT fell as much as 37% intraday to a record $1.36 low after the firm reported $799 million in revenues – short of the $805.9 million consensus that analysts had been expecting. IHeartMedia also recorded a $0.12 loss per share for the quarter, although that beat the $0.55 in red ink that analys...
The declining ROCE and decreasing capital employed suggest that iHeartMedia may be facing competitive challenges or a weakening of its competitive advantage. Unless these trends reverse, the company's prospects may not be positive.
iHeartMedia Stock Forum
BBC Studios Expands Strategic Partnership With iHeartMedia to Become the Exclusive Third-party Sales Partner for BBC Podcasts in the U.S.
Thursday, 30th January at 10:00 am
BBC Studios, producer and global distributor of innovative and world-class audio content from the BBC, and iHeartMedia, the leading audio company in the United States, today announced a multi-year deal that will make iHeartMedia the exclusive third-party advertising reseller of BBC podcasts to the U...
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iHeartMedia, Inc. Reports Results for 2024 Third Quarter
Positive
Revenue increased 5.8% to $1,008 million in Q3 2024
Digital Audio Group revenue up 13% to $301 million
Podcast revenue grew 11% to $114 million
Cost efficiency programs to generate $150 million net annual savings in 2025
Q4 2024 Adjusted EBITDA expected to increase 39% to $290 million
Negative
Multiplatform Group revenue declined 1% to $620 million
Multiplatform Group Adjusted EBITDA down 20%
Net loss ...
FREY= SHORTED from $1.90s $2s
BNZI= SHORTED from $3.70s SHORTS 🩳 waiting for $4s one last Spike
ELWS= SHORTED from $8s, $7s first entry SHORT
DYXY= SHORTED from $22s
TMCI= SHORTED from $8s
GNLN= SHORTED from $4s
CIFR= SHORTED from $7s
IHRT= SHORTED from $2.80s
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IHRT fell as much as 37% intraday to a record $1.36 low after the firm reported $799 million in revenues – short of the $805.9 million consensus that analysts had been expecting.
IHeartMedia also recorded a $0.12 loss per share for the quarter, although that beat the $0.55 in red ink that analys...
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