IHRT Q3 2020 Earnings — iHeartMedia, Inc. Revenue & Financial Results | Market Cap Arena

IHRTiHeartMedia, Inc.

$380M

Q3 2020 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$744M-21.5% YoY

Gross Profit

$474M63.6% margin

Operating Income

$39M5.3% margin

Net Income

-$32M-4.3% margin

EPS (Diluted)

$-0.22

QoQ Revenue Growth

+52.7%

Cash Flow

Operating Cash Flow

$33M

Free Cash Flow

$14M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$9.1B

Total Liabilities

$8.1B

Stockholders' Equity

$1.0B

Cash & Equivalents

$725M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$744M	$948M	-21.5%
Gross Profit	$474M	$657M	-28.0%
Operating Income	$39M	$141M	-72.0%
Net Income	-$32M	$12M	-359.5%

Revenue Segments

Broadcast Radio

$404M54%

Networks

$119M16%

Digital

$113M15%

Audio and Media Services

$73M10%

Sponsorship and Events

$29M4%

Other

$6M1%