IHRT Q1 2021 Earnings — iHeartMedia, Inc. Revenue & Financial Results | Market Cap Arena

IHRTiHeartMedia, Inc.

$380M

Q1 2021 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$707M-9.5% YoY

Gross Profit

$414M58.6% margin

Operating Income

-$76M-10.8% margin

Net Income

-$242M-34.2% margin

EPS (Diluted)

$-1.65

QoQ Revenue Growth

-24.5%

Cash Flow

Operating Cash Flow

$72M

Free Cash Flow

$53M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$9.1B

Total Liabilities

$8.2B

Stockholders' Equity

$806M

Cash & Equivalents

$529M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$707M	$781M	-9.5%
Gross Profit	$414M	$487M	-15.0%
Operating Income	-$76M	-$1.7B	+95.6%
Net Income	-$242M	-$1.7B	+85.7%

Revenue Segments

Broadcast Radio

$359M51%

Digital Non-podcast

$117M17%

Networks

$115M16%

Audio and Media Services

$53M8%

Digital Podcast

$38M5%

Sponsorship and Events

$22M3%

Other

$1M0%