iHeartMedia Q1 Net Loss Narrows, Revenue Rises

MT Newswires Live

05/12

iHeartMedia (IHRT) reported Q1 net loss late Monday of $95.2 million, narrowing from a loss of $281.2 million a year earlier.

Revenue for the quarter ended March 31 was $884.2 million, up from $807.1 million a year earlier.

Four analysts polled by FactSet expected $871.5 million.

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