Iheartmedia: Q1 Earnings Snapshot

SAN ANTONIO (AP) — SAN ANTONIO (AP) — IHeartMedia Inc. (IHRT) on Thursday reported a loss of $18.5 million in its first quarter.

The San Antonio-based company said it had a loss of 12 cents per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 55 cents per share.

The radio company posted revenue of $799 million in the period, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $806.6 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IHRT at https://www.zacks.com/ap/IHRT