Clear Channel Outdoor Holdings

Clear Channel Outdoor Holdings, Inc. provides outdoor advertising solutions. It operates through following segments: Americas Outdoor Advertising and International Outdoor Advertising segments. The Americas Outdoor Advertising segment consists of operations primarily in the U.S. The International Outdoor Advertising segment consists of operations primarily in Europe, Asia and Latin America. The firm products include billboards, street furniture and transit advertising in traditional and digital formats. The company was founded in 1995 and is headquartered in San Antonio, TX.

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Clear Channel Outdoor Holdings reports strong Q4 results and eyes growth amidst market challenges

Clear Channel Outdoor Holdings delivered a solid performance in Q4 2022, driven by revenue growth in the Americas and Europe, supported by digital initiatives and customer-centric strategies.
While facing challenges in the US market and ongoing strategic reviews in Europe, the company remains focused on optimizing operations and enhancing shareholder value through potential REIT optionality.
With a strong liquidity position, investments in digital displays, and a clear path to address market headwinds, Clear Channel Outdoor Holdings is poised to navigate challenges and capitalize on growth opportunities in 2023.

Clear Channel Outdoor Holdings reports Q1 revenue growth and outlook

CCO's Q1 performance showed revenue growth and challenges in different markets.
The company remains optimistic about future revenue growth and business prospects.
Strategic decisions focus on enhancing digital capabilities and customer experience.
Balancing U.S. focus with global opportunities to deliver value to shareholders.

Clear Channel Outdoor Holdings reports revenue growth and digital focus

Clear Channel Outdoor Holdings' Q2 2023 performance showed revenue growth and strategic focus on digital capabilities.
While facing challenges like market variations and business closures, the company is leveraging strengths in digital assets and financial stability.
Opportunities lie in potential divestments, strategic optimizations, and attracting a broader range of advertisers through modern mediums.
Overall, the company aims to enhance value, reduce expenses, and drive growth in a dynamic advertising landscape.

Clear Channel Outdoor Holdings reports revenue growth and strategic progress

Clear Channel Outdoor Holdings showed improved revenue performance in Q3 2023, with a focus on deleveraging and organic growth strategies. The company's strengths lie in strong performance in Europe-North, digital rollout, and the airport segment. Challenges include regulatory constraints on digital revenue and market dynamics in the U.S., while opportunities exist in programmatic advertising and portfolio improvements.

Clear Channel Outdoor Holdings reports revenue growth and strategic focus

Clear Channel Outdoor Holdings' Q4 2023 performance showed revenue growth and positive trends in key segments, with a focus on financial results and cost optimization.
The company aims for profitable growth, reduced leverage, and strategic exits from certain regions, with margins expected to strengthen in the second half of the year.
Strengths in the Americas and Airports segments, along with opportunities in pharma growth and airport portfolio evaluation, position the company for future success.
Challenges like delayed decision-making and regional issues require strategic navigation, while changes to the Board signal a proactive approach to addressing industry challenges.

Clear Channel Outdoor Holdings reports robust Q1 growth and strategic initiatives

Clear Channel Outdoor Holdings (CCO) showcased strong revenue growth and operational performance across key segments in Q1 2024, reaffirming full-year guidance.
Challenges such as contract losses and market dynamics were addressed with strategic responses and a focus on operational excellence.
Opportunities in media and entertainment, programmatic advertising, and creative market initiatives position CCO for continued growth and market leadership.

Clear Channel Outdoor Holdings reports solid Q2 performance and eyes growth opportunities

Clear Channel Outdoor Holdings' Q2 2024 earnings call highlighted a strong performance, with revenue growth driven by the digital billboard platform and positive results in key segments. The company is strategically positioned to capitalize on opportunities for growth, including potential improvements in AFFO and organic deleveraging. While challenges exist, Clear Channel Outdoor Holdings remains focused on executing its plan and enhancing shareholder value.

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Clear Channel Outdoor Holdings, Inc. engages in the provision of outdoor advertising solutions. It operates through the following segments: America, Airports, Europe-North, and Other. The America segment serves U.S. operations excluding airports. The Airports segment focuses on out-of-home advertising around and within airports in the U.S. and Caribbean. The Europe-North segment consists of Northern and Central Europe, including the U.K., Sweden, Belgium, Norway, Finland, the Netherlands, Denmark, Ireland, Poland, Estonia, Latvia, and Lithuania. The Other segment deals with the operations in Latin America and Singapore. The firm's products include billboards, street furniture, and transit advertising in traditional and digital formats. The company was founded in 1995 and is headquartered in San Antonio, TX.

SAN ANTONIO , Sept. 10, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc., (NYSE: CCO) announced today that David Sailer, Chief Financial Officer of Clear Channel Outdoor Holdings, Inc. and Jason Menzel, Senior Vice President, Treasurer of Clear Channel Outdoor Holdings, Inc., are scheduled to present at Deutsche Bank's 32nd Annual Leveraged Finance Conference on Tuesday, September 24, 2024, at 9:20 a.m.

Clear Channel Outdoor Holdings, Inc. to Participate in Deutsche Bank's 32nd Annual Leveraged Finance Conference

SAN ANTONIO , Aug. 20, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc., (NYSE: CCO) announced today that Scott Wells, Chief Executive Officer of Clear Channel Outdoor Holdings, Inc. and Clear Channel Outdoor Americas, and David Sailer, Chief Financial Officer of Clear Channel Outdoor Holdings, Inc., are scheduled to present at Citi's 2024 Global TMT Conference on Friday, September 6, 2024, at 8:20 a.m., Eastern Time.

Clear Channel Outdoor Holdings, Inc. to Participate in Citi's 2024 Global TMT Conference

Clear Channel Outdoor Holdings, Inc. (NYSE:CCO ) Q2 2024 Earnings Conference Call August 7, 2024 8:30 AM ET Company Participants Eileen McLaughlin - Vice President, Investor Relations Scott Wells - Chief Executive Officer David Sailer - Executive Vice President and Chief Financial Officer Conference Call Participants Cameron McVeigh - Morgan Stanley Daniel Osley - Wells Fargo Avi Steiner - JPMorgan Lance Vitanza - TD Cowen Jim Goss - Barrington Research Operator Ladies and gentlemen, thank you for standing by. Welcome to Clear Channel Outdoor Holdings' 2024 Second Quarter Earnings Conference Call.

Clear Channel Outdoor Holdings, Inc. (CCO) Q2 2024 Earnings Call Transcript

Although the revenue and EPS for Clear Channel Outdoor (CCO) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Clear Channel Outdoor (CCO) Reports Q2 Earnings: What Key Metrics Have to Say

Clear Channel Outdoor (CCO) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to loss of $0.08 per share a year ago.

Clear Channel Outdoor (CCO) Reports Q2 Loss, Misses Revenue Estimates

SAN ANTONIO , Aug. 7, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") today reported financial results for the quarter ended June 30, 2024. "We delivered second quarter consolidated revenue of $559 million, an increase of 5.2%, or 5.4% excluding movements in foreign exchange rates, with growth in our America, Airports and Europe-North segments," said Scott Wells, Chief Executive Officer of Clear Channel Outdoor Holdings, Inc. "Our performance reflects healthy demand from advertisers across the majority of our markets, with notable strength in our Airports and Europe-North segments.

Clear Channel Outdoor Holdings, Inc. Reports Results for the Second Quarter of 2024

SAN ANTONIO , July 8, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") will release 2024 second quarter results before the market opens on Wednesday, August 7, 2024, by 7:00 a.m. and will host a conference call to discuss the results at 8:30 a.m.

Clear Channel Outdoor Holdings, Inc. Announces Date for 2024 Second Quarter Earnings Release and Conference Call

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'Visit Annapolis' BWI Takeover of the 'Concourse Tunnel' and 20+ LCD Digital Screens will Reach 27 Million Leisure and Business Travelers Annually via Clear Channel Outdoor's Cutting Edge Media Network BALTIMORE , June 28, 2024 /PRNewswire/ -- Clear Channel Outdoor, Airports Division, the Americas-based airports business of Clear Channel Outdoor Holdings, Inc. (NYSE: CCO), today announced a new partnership and sponsorship with Visit Annapolis  & Anne Arundel County (VAAAC), a nonprofit Destination Marketing/Management Organization whose mission is to foster a welcoming destination and promote tourism on behalf of its visitors, partners, and community, to activate a cutting-edge, first-of-its-kind brand takeover of the Concourse at Baltimore/Washington International Thurgood Marshall Airport (BWI Marshall Airport). VAAAC will dominate BWI with its newest ad campaign starting in June, running for 16 months with arrival passengers experiencing the 'Visit Annapolis & Anne Arundel County tunnel' in the Concourse heading to baggage claim, immersing travelers in all the great things to do and experience in Annapolis, Maryland.

'Visit Annapolis' Out of Home Campaign Dominates Baltimore/Washington International Thurgood Marshall Airport (BWI) as Record-Breaking Summer Travel Season Kicks Off

PHOENIX , June 20, 2024 /PRNewswire/ -- Starting this week, more than 100 digital billboards across the Valley will display critical local heat relief resources, thanks to a partnership between Maricopa County, Clear Channel Outdoor, the Maricopa Association of Governments and the City of Phoenix. Billboards owned by Clear Channel Outdoor will promote 211 Arizona to direct at-risk community members to one of 230+ local heat relief sites that can help them stay cool during Arizona's dangerous late spring and summer time heat.

Maricopa County, Clear Channel Outdoor Launch Regional Billboard Campaign to Share Critical Heat Relief Resources

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Clear Channel Outdoor's main growth driver will be increased penetration of digital billboards. Airport segment should continue to benefit from air travel growth. CCO's efforts to divest non-core assets and clean up its balance sheet provide potential for multiple upsides and improved financial flexibility.

Clear Channel Outdoor: Rating Upgrade On Positive EBITDA Growth Outlook

Clear Channel Outdoor Holdings, Inc. (NYSE:CCO ) Q1 2024 Earnings Conference Call May 9, 2024 8:30 AM ET Company Participants Eileen McLaughlin - Investor Relations Scott Wells - Chief Executive Officer David Sailer - Chief Financial Officer Justin Cochrane - Chief Executive Officer, Clear Channel UK and Europe Conference Call Participants Cameron McVeigh - Morgan Stanley Daniel Osley - Wells Fargo Avi Steiner - JPMorgan Lance Vitanza - TD Cowen Aaron Watts - Deutsche Bank Jim Goss - Barrington Research Eileen McLaughlin Good morning and thank you for joining our call. On the call today are Scott Wells, our CEO and David Sailer, our CFO.

Clear Channel Outdoor Holdings, Inc. (CCO) Q1 2024 Earnings Call Transcript

Although the revenue and EPS for Clear Channel Outdoor (CCO) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Clear Channel Outdoor (CCO) Reports Q1 Earnings: What Key Metrics Have to Say

Clear Channel Outdoor (CCO) came out with a quarterly loss of $0.17 per share versus the Zacks Consensus Estimate of a loss of $0.18. This compares to loss of $0.23 per share a year ago.

Clear Channel Outdoor (CCO) Reports Q1 Loss, Tops Revenue Estimates

SAN ANTONIO , May 9, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") today reported financial results for the quarter ended March 31, 2024. "We delivered first quarter consolidated revenue of $482 million, an increase of 10.1%, or 9.3% excluding movements in foreign exchange rates, reflecting record first quarter results in our America, Airports and Europe-North segments excluding sold markets and movements in foreign exchange rates," said Scott Wells, Chief Executive Officer of Clear Channel Outdoor Holdings, Inc. "The trends we saw late last year largely continued into the first quarter, including improving demand among advertisers in all regions and key verticals in our America business segment.

Clear Channel Outdoor Holdings, Inc. Reports Results for the First Quarter of 2024

Get a deeper insight into the potential performance of Clear Channel Outdoor (CCO) for the quarter ended March 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Exploring Analyst Estimates for Clear Channel Outdoor (CCO) Q1 Earnings, Beyond Revenue and EPS

SAN ANTONIO , May 6, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc., (NYSE:CCO) announced today that David Sailer, Chief Financial Officer of Clear Channel Outdoor Holdings, Inc. and Bob McCuin, Chief Revenue Officer of Clear Channel Outdoor Americas, is scheduled to present at the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference on Tuesday, May 21, 2024, at 5:05 p.m.

Clear Channel Outdoor Holdings, Inc. to Participate in the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference

SAN ANTONIO , May 6, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc., (NYSE:CCO) announced today that David Sailer, Chief Financial Officer of Clear Channel Outdoor Holdings, Inc. and Bob McCuin, Chief Revenue Officer of Clear Channel Outdoor Americas are scheduled to present at TD Cowen's 52nd Annual Technology, Media & Telecom Conference on Wednesday, May 29, 2024, at 2:25 p.m., Eastern Time.

Clear Channel Outdoor Holdings, Inc. to Participate in TD Cowen's 52nd Annual Technology, Media & Telecom Conference

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SAN ANTONIO , April 8, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") will release 2024 first quarter results before the market opens on Thursday, May 9, 2024, by 7:00 a.m. and will host a conference call to discuss the results at 8:30 a.m.

Clear Channel Outdoor Holdings, Inc. Announces Date for 2024 First Quarter Earnings Release and Conference Call

SAN ANTONIO , March 25, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") announced today that the Company's indirect, wholly owned subsidiary, Clear Channel International B.V. ("CCIBV"), entered into a credit agreement (the "CCIBV Credit Agreement") on March 22, 2024 (the "Closing Date") governing CCIBV's new term loan facility (the "CCIBV Term Loan Facility").

Clear Channel Outdoor Holdings, Inc. Announces Clear Channel International B.V.'s New Term Loan Facility and Concurrent Redemption of Existing Secured Notes

SAN ANTONIO , March 4, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") announced today that it priced an offering (the "Offering") of $865,000,000 aggregate principal amount of 7.875% Senior Secured Notes due 2030 (the "Notes"). The issuance and sale of the Notes is expected to be completed on March 18, 2024, subject to customary closing conditions.

Clear Channel Outdoor Holdings, Inc. Announces Pricing of Senior Secured Notes Due 2030

Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) Q4 2023 Earnings Conference Call February 26, 2024 8:30 AM ET

Clear Channel Outdoor Holdings, Inc. (CCO) Q4 2023 Earnings Call Transcript

While the top- and bottom-line numbers for Clear Channel Outdoor (CCO) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

News for Clear Channel Outdoor Holdings Stock (CCO)