iHeartMedia Q4 Revenue Increases

MT Newswires Live

03/03

iHeartMedia (IHRT) reported Q4 revenue Monday of $1.13 billion, up from $1.12 billion a year earlier.

Four analysts polled by FactSet expected $1.10 billion.

Adjusted EBITDA for the quarter was $220.3 million, down from $246.2 million a year earlier.

The company's shares were down past 5% in after-hours trading.

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