Second quarter 2023 revenue dipped 3.6% year-over-year to $920 million at iHEARTMEDIA, which the company quickly noted slightly beat its guidance of "down mid-single digits" for the quarter. Excluding political revenue, revenue declined 1.8%. Consolidated Adjusted EBITDA dropped from $237 million to $191 million, and GAAP Operating Income fell from a gain of $83 million to a loss of $897 million, which includes $961 million of non-cash intangible impairment charges.The company s .
Revenues Up For iHeartMedia In Second Quarter, Net Loss Narrows allaccess.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allaccess.com Daily Mail and Mail on Sunday newspapers.