iHeartMedia, Inc. Withdraws Full Year 2020 Guidance Due to COVID-19 Impact
iHeartMedia, Inc. - Class A (IHRT)
NASDAQ:AMEX Investor Relations:
iheartmedia.com/investors/events
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Source: Business Wire
SAN ANTONIO, Texas--(BUSINESS WIRE)--iHeartMedia, Inc. (Nasdaq: IHRT) announced today that it is withdrawing its full-year 2020 financial guidance provided on its fourth quarter earnings call on February 27, 2020 due to heightened uncertainty related to the novel coronavirus pandemic (“COVID-19”), its impact on the operating and economic environment and related, near-term advertiser spending decisions.“Given the ongoing uncertainty surrounding the duration and magnitude of the COVID-19 pandemic and its impact on the U.S. economy, we believe it is appropriate to withdraw our full-year 2020 guidance. While we cannot determine the full extent of COVID-19’s impact on our business at this time, we are monitoring this rapidly evolving situation closely and look forward to discussing our business in greater detail as part of our first quarter 2020 earnings results investor call,” said Bob Pittman, iHeart’s Chairman and Chief Executive Officer. “At iHeartMedia, our listeners rely on us as
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IHRT
Sec Filings
- 11/18/24 - Form 8-K
- 11/15/24 - Form 4
- 11/7/24 - Form 10-Q
- IHRT's page on the SEC website