‘Strong Progress’ In iHeart’s Recovery, As Big Net Loss Narrows


The nation’s largest audio media company by number of AM and FM radio stations and online streaming exposure, thanks to its freshly minted distribution partnership with TuneIn, is the latest company to beat its own Q2 earnings forecasts.

Just after the Closing Bell on Wall Street, with IHRT shares sitting at $26.49, iHeartMedia released its second quarter fiscal report card. The quick takeaway: iHeart beat its own revenue guidance with terrific results.

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