iHeartMedia Reports Q1 2026 Results with Revenue Growth and Cost Savings Initiatives
iHeartMedia reported consolidated revenue of $884 million for the first quarter of 2026, a year-over-year increase of 9.6%. The company announced an additional $50 million in annualized cost savings starting in Q3 2026 and expects minimal cash taxes through at least 2028.
Tickers: $IHRT
Topics: adjusted_ebitda cost_savings_initiative revenue tax_strategy