Do iHeart’s Preliminary Q1 ’17 Results Foretell Trouble?

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An unofficial glimpse into the financial performance of the nation’s No. 1 owner of AM and FM radio stations was presented to the U.S. Securities and Exchange Commission late Thursday (4/20), and no matter how you look at it — GAAP or non-GAAP — it’s a downbeat start to 2017 for iHeartMedia.


There’s more: The company says “there will be substantial doubt” as to its ability to continue as a going concern for a period of 12 months from the date of the formal release of its Q1 2017 results.


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