Here’s something we’ve not seen in a while: The biggest owner of AM and FM radio stations in North America has scheduled a quarterly earnings call, during which it will share its financial results for the three-month period ending June 30.
On August 15, iHeartMedia will publicly release its Q2 earnings. The company will conduct a conference call at 8:30am Eastern, following the release of its earnings announcement.
It’s a long time coming: iHeart did not hold an earnings call during its debtor-in-possession period, instead offering monthly and quarterly financial results via SEC filings and skipping the earnings calls — something that goes along with a Chapter 11 restructuring process.
How is IHRT stock? As of 10:15am Friday, it was trading at $15.30.