iHeartMedia (IHRT) Q2 FY26 earnings call

iHeartMedia delivered a strong second quarter, with consolidated revenue and adjusted EBITDA exceeding expectations, primarily fueled by robust performance in its Digital Audio Group. The company is strategically addressing the Multi-Platform Group's monetization challenges by integrating broadcast inventory into digital buying platforms, while expanding its profitable video podcasting initiatives. Management reaffirmed full-year guidance, anticipating a significant boost from political advertising and ongoing cost efficiencies in the second half of the year.