IHRT: iHeartMedia, Inc. - Summary | Jitta

iHeartMedia, Inc.

NASDAQ:IHRT

Price
$7.80
Loss Chance
44.4%
3.53JITTA SCORE
35.47%Under Jitta Line
Jitta Ranking
12 / 81
898 / 5,062
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (51)
Recent Business Performance (59)
Financial Strength (41)
Return to Shareholders (6)
Competitive Advantage (48)
Jitta Signs
Recent IPOLess than 3 years
Revenue and EarningEarning loss detected in 2021
Operating MarginInconsistent
Debt LevelVery High Long Term Debt
Recent Business PerformanceEarning decline 94.95% in the last quarter (yoy)
SG&A to SalesIncreasing
Key Stats
Jitta Score
Jitta Line
3.53
35.47%
3.76
140.70%
Broadcasting
3.60
> 1,000%
3.60
> 1,000%
3.34
6.18%
COMPANY DESCRIPTION
iHeartMedia, Inc. operates as a media and entertainment company worldwide. It operates through three segments: Multiplatform Group, Digital Audio Group, and Audio & Media Services Group. The Multiplatform Group segment offers broadcast radio stations, sponsorship, and live and virtual events; and operates Premiere Networks, a national radio network that produces, distributes, or represents approximately 120 syndicated radio programs and services to approximately 6,400 radio station affiliates. It also delivers real-time traffic flow and incident information, and weather updates, sports, and news through approximately 2,100 radio stations and 170 television affiliates, and Internet and mobile partnerships. As of December 31, 2021, this segment owned 863 radio stations, which included 249 AM and 614 FM radio stations. The Digital Audio Group segment provides podcasting, digital sites, newsletters, digital services, and programs; and iHeartRadio, a mobile app and web-based service for radio stations, digital-only stations, custom artist stations, and podcasts. The Audio and Media Services Group segment engages in the media representation business. This segment also provides cloud and on-premises broadcast software, such as radio and television automation, music scheduling, newsroom automation, advertising sales management, disaster recovery solutions; and real-time audio recognition technology to approximately 10,000 radio and television stations, cable channels, record labels, advertisers, and agencies, as well as media streaming and research services. The company was formerly known as CC Media Holdings, Inc. and changed its name to iHeartMedia, Inc. in September 2014. iHeartMedia, Inc. is headquartered in San Antonio, Texas.