IHRT Q3 2024 Earnings — iHeartMedia, Inc. Revenue & Financial Results | Market Cap Arena

IHRTiHeartMedia, Inc.

$412M

Q3 2024 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$1.0B+5.8% YoY

Gross Profit

$598M59.4% margin

Operating Income

$77M7.6% margin

Net Income

-$41M-4.1% margin

EPS (Diluted)

$-0.28

QoQ Revenue Growth

+8.5%

Cash Flow

Operating Cash Flow

$103M

Free Cash Flow

$73M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$5.8B

Total Liabilities

$7.2B

Stockholders' Equity

-$1.4B

Cash & Equivalents

$432M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.0B	$953M	+5.8%
Gross Profit	$598M	$573M	+4.4%
Operating Income	$77M	$69M	+11.2%
Net Income	-$41M	-$9M	-355.8%

Revenue Segments

Broadcast Radio

$449M45%

Digital Non-podcast

$186M18%

Networks

$115M11%

Digital Podcast

$114M11%

Audio and Media Services

$89M9%

Sponsorship and Events

$50M5%

Other

$5M0%