Capital StructureThe company did not provide any new update on their capital structure or refinancing of their debt stack, which remains a key area of focus among investors given their elevated leverage and upcoming maturities.
EarningsA large $920M impairment in the quarter related to its FCC licenses and goodwill.
Financial PerformanceGuidance for 3Q24 Adjusted EBITDA came in below consensus expectations, suggesting upside to top line might be coming at the expense of margin.