Iheartmedia reports q2 revenue of $488 mln

Iheartmedia, inc. reports results for 2020 second quarter.q2 revenue $488 million versus refinitiv ibes estimate of $562.5 million.expect to generate an additional $200 million in operating cost savings for 2020.qtrly gaap operating loss of $159 million.on june 29, 2020, team telecom indicated its consent to the grant by the fcc of the pdr..
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