IHRT Q1 2023 Earnings — iHeartMedia, Inc. Revenue & Financial Results | Market Cap Arena

IHRTiHeartMedia, Inc.

$412M

Q1 2023 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$811M-3.8% YoY

Gross Profit

$467M57.5% margin

Operating Income

-$49M-6.0% margin

Net Income

-$222M-27.4% margin

EPS (Diluted)

$-1.55

QoQ Revenue Growth

-27.9%

Cash Flow

Operating Cash Flow

-$94M

Free Cash Flow

-$133M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$8.0B

Total Liabilities

$7.6B

Stockholders' Equity

$463M

Cash & Equivalents

$188M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$811M	$843M	-3.8%
Gross Profit	$467M	$513M	-9.0%
Operating Income	-$49M	$12M	-496.1%
Net Income	-$222M	-$49M	-357.5%

Revenue Segments

Broadcast Radio

$383M47%

Digital Non-podcast

$145M18%

Networks

$108M13%

Digital Podcast

$77M9%

Audio and Media Services

$60M7%

Sponsorship and Events

$33M4%

Other

$5M1%