IHRT Q2 2020 Earnings — iHeartMedia, Inc. Revenue & Financial Results | Market Cap Arena

IHRTiHeartMedia, Inc.

$380M

Q2 2020 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$488M-45.3% YoY

Gross Profit

$244M49.9% margin

Operating Income

-$159M-32.6% margin

Net Income

-$197M-40.5% margin

EPS (Diluted)

$-1.35

QoQ Revenue Growth

-37.5%

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

-$7M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$8.9B

Total Liabilities

$7.8B

Stockholders' Equity

$1.1B

Cash & Equivalents

$518M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$488M	$892M	-45.3%
Gross Profit	$244M	$595M	-59.1%
Operating Income	-$159M	$181M	-187.8%
Net Income	-$197M	$251M	-178.6%

Revenue Segments

Broadcast Radio

$244M50%

Networks

$96M20%

Digital

$93M19%

Audio and Media Services

$37M8%

Sponsorship and Events

$15M3%

Other

$1M0%