Q2 revenue rose 7% year-over-year to $840 million, with Adjusted EBITDA up 45%, driven by strong political ad demand and distribution growth. Full-year guidance for Adjusted EBITDA and political advertising was raised, while core ad guidance was lowered due to crowd-out. Debt reduction and regulato…
Q2 revenue rose 7% year-over-year to $840 million, with Adjusted EBITDA up 45%, driven by strong political ad demand and distribution growth. Full-year guidance for Adjusted EBITDA and political advertising was raised, while core ad guidance was lowered due to crowd-out. Debt reduction and regulatory changes support future M&A.
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