The nation’s No. 1 audio content creation and distribution company on Tuesday afternoon released its fourth quarter and full-year 2022 earnings.
How did iHeartMedia perform in the final three months of last year? Revenue was up, but its net income declined — largely due to an income tax benefit seen in Q4 2021.
Negating that line item, Adjusted EBITDA was up 7.3% year-over-year, powered by that 6% revenue gain.