RedGage

Description

As part of an SEC filing of supplements to its debt swap proposals, iHEARTMEDIA released a preliminary first-quarter earnings report that shows consolidated revenue off 2.4% to $1.329 billion and consolidated operating income dropping 72.9% to $114 million, but the numbers were skewed by the previous year's inclusion of $278.3 million from the sale of some outdoor assets and 2017's included a charge of $12.8 million involving foreign exchange rate changes. Without those charges, revenue would ...