NASDAQ$IHRT

iHeartMedia Inc · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

IHRT Q1 2024 — $799K revenue

Securities and Exchange Commission (“SEC”) and, in the opinion of management, include all normal and recurring adjustments necessary to present fairly the results of the interim periods shown. iHeartMedia Inc reported Q1 2024 results. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $799K.
  • Filed on Form 10-Q (accession 0001400891-24-000021).

Headline financials

Total Revenue

$799M

Previous: $811M-1.5%
EPS

-$0.12

Previous: -$1.50+92.0%
Capital Expenditures

-$21.6M

Previous: -$39.2M+44.9%
Free Cash Flow

-$80.9M

Previous: -$133M+39.3%
Net Income

-$18.5M

Previous: -$222M+91.7%
Operating Income

-$34.7M

Previous: -$48.9M+29.0%
Gross Profit

$458M

Previous: $467M-1.9%
Cash & Equivalents

$361M

Previous: $188M+92.3%
Total Assets

$6.76B

Previous: $8.04B-15.9%
Stock-Based Comp

$7.95M

Previous: $10.2M-21.7%

Revenue & EPS history

iHeartMedia · Revenue · Quarterly

$799M

Q1 2024-1.5%vs Q1 2023
Beat estimate in 8 of 14 quarters(57%)
ActualEstimate

Revenue by segment

iHeartMedia · $887M total across 3 segments · Q1 2026

  • Multiplatform Group
    $493M
  • Digital Audio Group
    $327M
  • Audio & Media Services
    $66.6M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2024

Historical avgQ1 2024

-4.5%

Avg return

Earnings day

-5.9%

Avg return

5 days after

-2.2%

Avg return

30 days after

30%

8 / 27 earnings

Positive

+40.2%

Q3 2024

Best reaction

-39.8%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.8%-15.8%-31.5%
Q4 2025-5.5%+4.5%+1.6%
Q3 2025-5.3%-10.9%+11.6%
Q1 2025-4.0%-3.9%+24.0%
Q4 2024-15.3%-27.8%-21.5%
Q3 2024+40.2%+37.4%+50.0%
Q2 2024-7.0%-7.0%+2.8%
Q1 2024-39.8%-41.7%-42.1%
Q4 2023-0.4%-15.0%-7.9%
Q3 2023-22.7%-19.2%+1.9%
Q2 2023-20.3%-24.6%-21.7%
Q1 2023-2.5%-18.4%-31.0%
Q4 2022-21.4%-25.2%-47.4%
Q3 2022+2.7%-7.7%+0.1%
Q2 2022-2.8%-3.6%-1.3%
Q1 2022-16.8%-24.9%-31.5%
Q4 2021+0.3%+7.6%-3.2%
Q3 2021+3.6%+7.5%-0.6%
Q2 2021-15.5%-16.2%-3.5%
Q1 2021+13.1%+12.8%+17.9%
Q4 2020-3.0%+8.3%+18.1%
Q3 2020+9.6%+14.2%+39.5%
Q2 2020-6.5%+12.2%+7.0%
Q1 2020+5.7%-3.3%+60.3%
Q4 2019-5.1%-7.6%-56.4%
Q3 2019+2.2%+10.5%-1.6%
Q2 2019-1.6%-1.6%+7.4%
Q1 2019
Q2 2018
Q4 2018
Q3 2018
Q1 2018
Q4 2017
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Q3 2017
Q1 2017
Q4 2016
Q2 2016
Q3 2016
Q1 2016
Q4 2015
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Q3 2012
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Q1 2011
Q1 2012
Q4 2009
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Q3 2010
Q3 2011
Q4 2010
Q2 2010
Q1 2010

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