iHeartMedia Inc (NAS:IHRT)
$ 2.335 -0.135 (-5.47%) Market Cap: 329.94 Mil Enterprise Value: 5.93 Bil PE Ratio: 0 PB Ratio: 0 GF Score: 59/100
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iHeartMedia Inc at Bank of America Media, Communications & Entertainment Conference (Virtual) Transcript

Sep 13, 2021 / 06:20PM GMT
Release Date Price: $24.78 (+1.43%)
Jessica Jean Reif Ehrlich
BofA Securities, Research Division - MD in Equity Research

Good afternoon. I'm Jessica Reif Ehrlich, Senior Media and Entertainment Analyst at BofA Securities. It's a pleasure to welcome back by iHeartMedia, and to also have both Bob Pittman, Chairman and CEO; and Rich Bressler, COO and CFO. So welcome back to both of you. And I'll get ready to it.

Questions & Answers

Jessica Jean Reif Ehrlich
BofA Securities, Research Division - MD in Equity Research

In your third quarter guidance, you forecast 20% revenue growth, despite seeing 26% growth in July and a very strong second quarter. We know from a comp perspective, you have political last year, which should be a headwind in the third quarter, but are there other issues that we should be thinking about or thinking about like the various segments for the current quarter?

Robert W. Pittman
iHeartMedia, Inc. - Chairman & CEO

Well, I think when you talk about the Q3, that is just a comp issue. As a matter of fact, if you take out

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