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iHeartMedia Expects Q1 Revenue of Flat to Down 2% Vs $844.1M Est

Author: Benzinga Newsdesk | February 29, 2024 09:06am

Guidance

Q1 Consolidated Revenue expected to be flat to down 2%
Q1 Consolidated Adjusted EBITDA3 expected to be $100 million to $110 million, up from $93 million in prior year
Remain committed to long term target of approximately 4x Net Debt to Adjusted EBITDA ("net leverage")3

Posted In: IHRT