IHRT Q4 2023 Earnings — iHeartMedia, Inc. Revenue & Financial Results | Market Cap Arena

IHRTiHeartMedia, Inc.

$412M

Q4 2023 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$1.1B-5.2% YoY

Gross Profit

$652M61.1% margin

Operating Income

$80M7.5% margin

Net Income

$13M1.2% margin

EPS (Diluted)

$0.09

QoQ Revenue Growth

+11.9%

Cash Flow

Operating Cash Flow

$154M

Free Cash Flow

$142M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$7.0B

Total Liabilities

$7.3B

Stockholders' Equity

-$394M

Cash & Equivalents

$346M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$1.1B	-5.2%
Gross Profit	$652M	$713M	-8.5%
Operating Income	$80M	$173M	-53.8%
Net Income	$13M	$80M	-83.6%

Revenue Segments

Broadcast Radio

$485M52%

Digital Non-podcast

$185M20%

Digital Podcast

$132M14%

Networks

$120M13%

Other

$8M1%