iHeartMedia, Inc. (IHRT) Q1 2025 Earnings Call Transcript

iHeartMedia, Inc. (NASDAQ:IHRT) Q1 2025 Earnings Conference Call May 12, 2025 4:30 PM ET

Company Participants

Mike McGuinness - Head, Investor Relations
Bob Pittman - Chairman and Chief Executive Officer
Rich Bressler - President, Chief Operating Officer and Chief Financial Officer

Conference Call Participants

Stephen Laszczyk - Goldman Sachs
Sebastiano Petti - J.P. Morgan
Aaron Watts - Deutsche Bank
Patrick Sholl - Barrington Research

Operator

Good afternoon. My name is Audra, and I will be your conference operator today. At this time, I would like to welcome everyone to the iHeartMedia First Quarter 2025 Earnings Call. Today's conference is being recorded. All lines have been placed on mute to prevent any background noise. [Operator Instructions]

At this time, I would like to turn the conference over to Mike McGuinness, Head of Investor Relations. Please go ahead.

Mike McGuinness

Good afternoon, everyone, and thank you for taking the time to join us for our first quarter 2025 earnings call. Joining me for today's discussion are Bob Pittman, our Chairman and CEO; and Rich Bressler, our President, COO and CFO. At the conclusion of our prepared remarks, management will take your questions. In addition to our press release, we have an earnings presentation available on our website that you can use to follow along with our remarks.

Please note that this call may include forward-looking statements regarding our financial performance and operating results. These statements are based on management's current expectations and actual results could differ from what is stated as a result of certain factors identified on today's call and in the company's SEC filings, including our recent 8-K filing.

Additionally, during this call, we will refer to certain non-GAAP financial measures. Reconciliations between GAAP and non-GAAP financial measures are included in our earnings release, earnings presentation and our SEC filings, which are available in the