iHeartMedia Surprises with Adjusted Earnings
Update: 2025-11-11
Description
iHeartMedias Q3 financials reveal a net loss of $66.6 million, translating to a loss of $0.43 per share. However, after adjusting for asset impairment, the company posted earnings of $0.63 per share, surpassing Wall Streets expectations of breakeven. With revenue of $997 million, iHeartMedias adjusted earnings suggest underlying strength, providing a positive outlook in the competitive media industry.
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