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iHeartMedia Expects Q3 Revenue Growth Of Mid-Single Digits Vs $915.98M Est, FY24 Revenue Growth Of Mid-Single Digits Vs $3.88B Est

Author: Benzinga Newsdesk | August 08, 2024 08:08am

Guidance

  • Q3 Consolidated Revenue expected to increase in the mid-single digits
  • Full Year 2024 Consolidated Revenue expected to increase in the mid-single digits
  • Q3 Consolidated Adjusted EBITDA3 expected to be $200 million to $220 million
  • Full Year 2024 Consolidated Adjusted EBITDA3 expected to be $760 million to $800 million
  • Remain committed to long term target of approximately 4x Net Debt to Adjusted EBITDA ("net leverage")3

Posted In: IHRT


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