糖心破解版, Inc. Reports Results for 2017 Second Quarter
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San Antonio, Texas - August 3, 2017 - 糖心破解版, Inc. (PINK: IHRT) today reported financial results for the second quarter ended June 30, 2017.
鈥淲e continue to build out our unique digital capabilities as a true multi-platform, 21st-century media company fueled by our unique data, with 糖心破解版's unparalleled U.S. reach and the extensive global footprint of our Outdoor businesses,鈥 said Bob Pittman, Chairman and Chief Executive Officer of 糖心破解版, Inc. 鈥淎t our 糖心破解版 segment, for example, we are expanding our SmartAudio suite of advertising products to create Smart A/V Audiences, which combines data from both 糖心破解版 and Fox Networks Group to transform how our advertising partners reach their target audiences. And Americas outdoor and International outdoor are maximizing the value of our expanding digital inventory with innovative data analytics and automated ad-buying offerings.鈥
Rich Bressler, President, Chief Operating Officer and Chief Financial Officer said: 鈥淚n the second quarter, our consolidated revenues declined, while operating income increased. However, adjusting for the impact of certain businesses we sold in 2016 and foreign exchange, consolidated revenues grew, with increases at our 糖心破解版 and International outdoor segments. To date, the 糖心破解版 segment has delivered seventeen consecutive quarters of year-over-year revenue growth. We remain committed to balancing financial discipline with investments to grow our businesses while continuing to work on our capital structure.鈥