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.

Clear Channel Outdoor Holdings, Inc. (NYSE:CCO ) Q3 2024 Earnings Conference Call October 31, 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 Justin Cochrane - Chief Executive Officer, 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 Kiscada Hastings - JPMorgan Patrick Sholl - Barrington Research Operator Ladies and gentlemen, thank you for standing by. Welcome to Clear Channel Outdoor Holdings, Inc.'s 2024 Third Quarter Earnings Conference Call.

Clear Channel Outdoor Holdings, Inc. (CCO) Q3 2024 Earnings Call Transcript

Digital billboards nationwide invite Americans to support all service members and their families ARLINGTON, Va. , Nov. 1, 2024 /PRNewswire/ -- Clear Channel Outdoor Americas (CCOA) and the United Service Organizations (USO) are working together again this November on a nationwide digital out-of-home (DOOH) media campaign that encourages public support for U.S. military service members and their families during the holidays.

USO and Clear Channel Outdoor Launch New Campaign Supporting Military Service Members and Families During Holidays

The headline numbers for Clear Channel Outdoor (CCO) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Clear Channel Outdoor (CCO) Reports Q3 Earnings: What Key Metrics Have to Say

Clear Channel Outdoor (CCO) came out with a quarterly loss of $0.07 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.12 per share a year ago.

Clear Channel Outdoor (CCO) Reports Q3 Loss, Tops Revenue Estimates

SAN ANTONIO , Oct. 31, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") today reported financial results for the quarter ended September 30, 2024. "Our third quarter consolidated revenue of $559 million increased 6.1%, or 5.7% excluding movements in foreign exchange rates, with growth across all of our business segments," said Scott Wells, Chief Executive Officer of Clear Channel Outdoor Holdings, Inc. "Our America segment delivered a revenue increase of 5.0% during the period, reflecting improved national advertising sales and growth across all regions.

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

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U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 100 points on Monday.

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SAN ANTONIO , Oct. 28, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") today announced that a subsidiary of JCDecaux SE has terminated the previously announced agreement to acquire the Company's business in Spain after deciding to withdraw its regulatory filing with the Spanish National Markets and Competition Commission (the "CNMC") in light of the commitments required by the CNMC. The Company will continue operating its business in Spain and remains focused on executing its strategic priorities in its America and Airports segments.

Clear Channel Outdoor Holdings, Inc. Announces Termination of Agreement to Sell its Business in Spain to a Subsidiary of JCDecaux Following Regulatory Review

Clear Channel Outdoor Supporting the 25th Annual Lights On Afterschool with Coast-to-Coast Digital Billboard Campaign in October WASHINGTON , Oct. 9, 2024 /PRNewswire/ -- Afterschool champions led by the Afterschool Alliance and Usher's New Look are joining Clear Channel Outdoor (NYSE: CCO) for a broad-based visibility campaign across nearly 2,000 digital billboards as part of the 2024 national Lights On Afterschool  rally. The ads recognize the remarkable work afterschool programs are doing to help young people find their spark through hands-on learning, caring mentors, homework help, STEM (science, technology, engineering, and math) activities, computer programming, robotics, healthy snacks and meals, job and college readiness, the arts, other fields, and more.

Superstar USHER Featured on Digital Billboards that Shine a Light on Afterschool Programs

SAN ANTONIO , Oct. 1, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") will release 2024 third quarter results before the market opens on Thursday, October 31, 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 Third Quarter Earnings Release and Conference Call

Strengthens Board with the Appointment of New Independent Director with Advertising Experience and Expands the Board to 11 Directors SAN ANTONIO , Sept. 30, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") today announced the appointment of Tim Jones to its Board of Directors (the "Board"), effective immediately.

Clear Channel Outdoor Holdings, Inc. Appoints Tim Jones to its Board of Directors

First-to-Market Innovation Pushes Out-of-Home's Boundaries, Drives Measurable Results and Impact for CPG Advertisers NEW YORK , Sept. 17, 2024 /PRNewswire/ -- Clear Channel Outdoor (NYSE: CCO), one of the world's largest Out-of-Home (OOH) media providers, today announced it has teamed up with Circana™, a leading advisor on the complexity of consumer behavior, to deliver comprehensive lift measurement for OOH via CCO's RADAR® suite of solutions.

Clear Channel Outdoor, Circana Alliance Delivers CPG Brands Greater Measurability, Insights & Performance for the OOH Ad Spend

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.

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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.

News for Clear Channel Outdoor Holdings Stock (CCO)