IHRT Q3 2022 Earnings — iHeartMedia, Inc. Revenue & Financial Results | Market Cap Arena

IHRTiHeartMedia, Inc.

$380M

Q3 2022 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$989M+6.6% YoY

Gross Profit

$617M62.4% margin

Operating Income

-$211M-21.4% margin

Net Income

-$310M-31.4% margin

EPS (Diluted)

$-2.09

QoQ Revenue Growth

+3.7%

Cash Flow

Operating Cash Flow

$103M

Free Cash Flow

$63M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$8.3B

Total Liabilities

$7.7B

Stockholders' Equity

$584M

Cash & Equivalents

$295M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$989M	$928M	+6.6%
Gross Profit	$617M	$602M	+2.5%
Operating Income	-$211M	$80M	-363.6%
Net Income	-$310M	$3M	-9859.8%

Revenue Segments

Broadcast Radio

$486M49%

Digital Non-podcast

$161M16%

Networks

$127M13%

Digital Podcast

$91M9%

Audio and Media Services

$77M8%

Sponsorship and Events

$43M4%

Other

$4M0%