iHeartMedia, Inc. (Nasdaq: IHRT) has released its financial results for the first quarter ending March 31, 2025. The company's consolidated revenue witnessed an increase of $8.1 million, or 1.0%, reaching $807.1 million compared to the same period in 2024. Excluding Q1 Political Revenue, the revenue growth was 1.8%. The company reported a GAAP operating loss of $25 million, an improvement from the $35 million reported in Q1 2024. The Digital Audio Group, a key segment for iHeartMedia, showed significant growth with revenues rising 16% to $277 million. Within this segment, podcast revenue surged by 28% to $116 million, reflecting a strong demand from advertisers. Additionally, digital revenue excluding podcasts increased by 9% to $161.3 million. The company's consolidated Adjusted EBITDA remained flat at $105 million compared to the previous year. The Digital Audio Group's Segment Adjusted EBITDA rose by 28% to $87 million, with a margin increase to 31.4% from 28.5%. Operating expenses for the quarter increased by $19.4 million, or 11.3%, primarily due to higher variable content costs and third-party digital costs linked to rising revenues. Cash flow from operations showed a usage of $61 million, and free cash flow was reported at negative $81 million. As of March 31, 2025, iHeartMedia had a cash balance and total available liquidity of $168 million and $559 million, respectively.