iHeart Reports February Revenue Numbers

0

Still putting the finishing touches on its exit from bankruptcy, iHeartMedia has reported its financials to the bankruptcy court with an SEC filing. The company generated $246.2 million in February, up from $231.8 million in January. Operating income was $24.1 million and the company generated net income of $14.3 million for the month. iHeart filed for bankruptcy one year ago (March 14, 2018) and is expected to emerge soon with about 50% less debt than it had before filing.

LEAVE A REPLY

Please enter your comment!
Please enter your name here