Quantcast
Channel: Daily Bankrupt Company Updates | Bankrupt Company News
Viewing all articles
Browse latest Browse all 4593

iHeartMedia – August M.O.R. Reports $299.4 million in Revenue and $76.8 million in Operating Income

0
0
October 1, 2018 – iHeartMedia filed with the U.S. Bankruptcy Court a monthly operating report for August 2018 [Docket No. 1533]. For the month, the Company reported operating income of $76.8 million and a net Income of $66.9 million on $299.4 million in revenue. Operating expenses for the period were $222.0 million, comprised principally of (i) $86.4 million in direct operating expenses, (ii) $104.6 million in selling, general and administrative expense and (iii) $10.8 million in depreciation and amortization. Operating cash flow for the period was $31.8 million; with a total cash flow of $58.4 million.

Read more Bankruptcy News

The post iHeartMedia – August M.O.R. Reports $299.4 million in Revenue and $76.8 million in Operating Income appeared first on Daily Bankrupt Company Updates | Bankrupt Company News.


Viewing all articles
Browse latest Browse all 4593

Latest Images

Trending Articles





Latest Images