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 (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.

Compared to Estimates, Clear Channel Outdoor (CCO) Q4 Earnings: A Look at Key Metrics

Clear Channel Outdoor (CCO) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.24 per share a year ago.

Clear Channel Outdoor (CCO) Q4 Earnings and Revenues Beat Estimates

SAN ANTONIO , Feb. 26, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") announced today that it will offer, subject to market and customary conditions, $865,000,000 aggregate principal amount of Senior Secured Notes due 2030 (the "Notes") in a private offering that is exempt from registration under the Securities Act of 1933, as amended (the "Securities Act"). The Notes will be guaranteed on a senior secured basis by certain of the Company's wholly owned domestic subsidiaries (the "Guarantors").

Clear Channel Outdoor Holdings, Inc. Announces Proposed Private Offering of Senior Secured Notes

SAN ANTONIO , Feb. 26, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") today reported financial results for the quarter and year ended December 31, 2023. "Our fourth quarter consolidated revenue of $632.1 million increased 12.4%, or 10.8% excluding movements in foreign exchange rates, reflecting improving business trends and solid execution from our operating team.

Clear Channel Outdoor Holdings, Inc. Reports Results for the Fourth Quarter and Full Year of 2023

SAN ANTONIO , Feb. 21, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") will release 2023 fourth quarter results before the market opens on Monday, February 26, 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 New Date For 2023 Fourth Quarter Earnings Release and Conference Call

SAN ANTONIO , Feb. 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, is scheduled to present at Morgan Stanley's Technology, Media & Telecom Conference on Tuesday, March 5, 2024, at 11:00 a.m., Pacific Time.

Clear Channel Outdoor Holdings, Inc. to Participate in Morgan Stanley's Technology, Media & Telecom Conference

SAN ANTONIO , Feb. 15, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc., (NYSE:CCO) announced today that Brian Coleman, Chief Financial Officer of Clear Channel Outdoor Holdings, Inc., and David Sailer, Chief Financial Officer of Clear Channel Outdoor Americas, are scheduled to present at J.P. Morgan's 2024 Global High Yield & Leveraged Finance Conference on Tuesday, February 27, 2024, at 5:15 p.m.

Clear Channel Outdoor Holdings, Inc. to Participate in J.P. Morgan's 2024 Global High Yield and Leveraged Finance Conference

Enters into Cooperation Agreement with Legion Partners Agrees to Appoint a New Independent Director with Industry Experience SAN ANTONIO , Feb. 1, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") today announced the appointment of Ted White to its Board of Directors (the "Board") as part of the Company's Cooperation Agreement with Legion Partners Asset Management, LLC (together with its affiliates, "Legion"). Mr. White will immediately join the Board and will stand for election as part of the Company's director slate at its 2024 Annual Meeting of Stockholders.

Clear Channel Outdoor Holdings, Inc. Appoints Ted White to Board of Directors

SAN ANTONIO , Jan. 29, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") will release 2023 fourth quarter results before the market opens on Tuesday, February 27, 2023 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 2023 Fourth Quarter Earnings Release and Conference Call

Nationwide Digital Out-of-Home Campaign Features Big Brothers Big Sisters of America's Inaugural Group of 'Game Changers' – Influential Voices Who Embody the Transformative Power of Mentorship  NEW YORK , Jan. 16, 2024 /PRNewswire/ -- Clear Channel Outdoor (NYSE: CCO), one of the world's largest out of home (OOH) media providers, and Big Brothers Sisters of America (BBBSA), the preeminent one-to-one youth mentoring organization in the United States, today announced the launch of a nationwide digital out-of-home (DOOH) media campaign timed with National Mentoring Month featuring 'Game Changers,' an initiative that unites the collective power of influential leaders and changemakers to help tackle key issues impacting youth today-- from mental health to equity — by creating awareness, access, and opportunity through mentorship. 'Game Changers' provides a platform for diverse groups of influential voices to share their experiences and expertise on the power of mentorship and further impact young people and their communities.

Clear Channel Outdoor, Big Brothers Big Sisters of America Share the Impact of Mentorship on Youth & Communities in National Mentoring Month Campaign

Partnership Kicks Off New Eye-Catching Digital Display at the Crossroads of Big Game Activities Near Allegiant Stadium NEW YORK , Dec. 21, 2023 /PRNewswire/ -- Clear Channel Outdoor (NYSE: CCO), one of the world's largest out of home (OOH) media providers, today announced a new partnership with Nevada-based Terrible Herbst Inc. (Terrible's) to provide brands with the unique opportunity to activate state of the art digital out of home (DOOH) media campaigns across the street from this year's Big Game at Allegiant Stadium in Las Vegas. This "'Sin'-sational" advertising opportunity comes via Terrible's new event-focused facility, which includes the four-level stadium parking garage for events at Allegiant Stadium, as well as offering a Starbucks and the newest 784 capacity WSKY Stadium concept.

Clear Channel Outdoor, Terrible Herbst Score Touchdown-Worthy Ad Exposure for Brands for the "Big Game" and Beyond

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David Sailer to Assume Role effective March 1, 2024 Brian Coleman to Transition to Consultant Role Focused on Strengthening Company's Balance Sheet Company Reaffirms Guidance for the Fourth Quarter and Fiscal Year of 2023 SAN ANTONIO , Dec. 19, 2023 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") today announced that David Sailer, currently the Executive Vice President, Chief Financial Officer of the Americas, has been appointed as Executive Vice President, Chief Financial Officer of the Company, effective as of March 1, 2024. At that time, Mr.

Clear Channel Outdoor Holdings, Inc. Appoints David Sailer as Executive Vice President, Chief Financial Officer

WASHINGTON--(BUSINESS WIRE)--Today, Student Freedom Initiative announced a long-term strategic partnership with Clear Channel Outdoor to engage HBCU students through Clear Channel's internship program where they can gain real-world experience in the marketing and advertising industry and build career readiness skills. This partnership will be further supported by a nationwide digital out-of-home (OOH) campaign that raises awareness of Student Freedom Initiative's resources and solutions to help.

Student Freedom Initiative, Clear Channel Outdoor Connect MSI Students with Career Development Opportunities and Resources to Fund Their Education

SAN ANTONIO , Nov. 14, 2023 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc., (NYSE:CCO) announced today that Brian Coleman, Chief Financial Officer of Clear Channel Outdoor Holdings, Inc., and David Sailer, Chief Financial Officer of Clear Channel Outdoor Americas, are scheduled to present at the BofA Securities Leveraged Finance Conference on Tuesday, November 28, 2023, at 2:10 p.m., Eastern Time.

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