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iHeartMedia’s stock price has taken a beating over the past six months, shedding 62.3% of its value and falling to $1.58 per share. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.
On August 10, The Walt Disney Company (NYSE:DIS)’s Disney+ and Hulu announced a landmark video podcasting partnership with iHeartMedia, Inc. (NASDAQ:IHRT). The deal kicks off with video editions of six top iHeartPodcasts titles, starting with Hey Jonas!
Podcast revenue surged 20.7% as digital audio margins expanded to 33.8%.
Wrapping up Q2 earnings, we look at the numbers and key takeaways for the consumer discretionary - broadcasting stocks, including iHeartMedia (NASDAQ:IHRT) and its peers.
Shares of global media and entertainment company iHeartMedia (NASDAQ:IHRT) fell 24.4% in the afternoon session after the company reported mixed second-quarter results, missing earnings expectations while narrowly beating on revenue.
Global media and entertainment company iHeartMedia (NASDAQ:IHRT) reported revenue ahead of Wall Street’s expectations in Q2 CY2026, with sales up 4.7% year on year to $977.2 million.
Global media and entertainment company iHeartMedia (NASDAQ:IHRT) will be announcing earnings results this Monday after the bell. Here’s what investors should know.
Consolidated revenue rises 4.7% to $977 million, with Digital Audio Group EBITDA exceeding Multiplatform for the sixth straight quarter.
iHeartMedia (IHRT) delivered earnings and revenue surprises of -95.24% and +0.24%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?