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.

Company Continues Review of Strategic Alternatives for its European Businesses SAN ANTONIO , Dec. 22, 2022 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") today announced it has entered into a definitive agreement to sell its business in Switzerland to Goldbach Group AG, an affiliate of TX Group AG, for CHF 86.0 million, or US$ 92.7 million 1. The Company's Swiss business is expected to contribute approximately US$ 9.7 million, which excludes US$ 1.4 million in one-time items including rent abatements, to Europe Segment Adjusted EBITDA2 for the full year ended December 31, 2022.

Clear Channel Outdoor Holdings, Inc. to Sell its Switzerland Business to Goldbach Group, an Affiliate of TX Group, for CHF 86 Million

SAN ANTONIO , Dec. 21, 2022 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc., (NYSE:CCO) announced today that Scott Wells, Chief Executive Officer, is scheduled to present at Citi's 2023 Communications, Media & Entertainment Conference on Wednesday, January 4, 2023 at 8:45 a.m., Mountain Time.

CLEAR CHANNEL OUTDOOR HOLDINGS, INC. TO PARTICIPATE IN CITI'S 2023 COMMUNICATIONS, MEDIA & ENTERTAINMENT CONFERENCE

Digital Out-of-Home Campaign Aims to Combat Child Hunger, Connect Families With Local Community Meals Programs This Holiday Season NEW YORK , Dec. 8, 2022 /PRNewswire/ -- Clear Channel Outdoor Americas (CCOA) (NYSE:CCO) today announced it has teamed again with No Kid Hungry, the only national campaign dedicated to ending childhood hunger in America, to launch a digital out-of-home (DOOH) media campaign that connects kids to free, healthy meals in their local community during the holiday season. While the number of children living with hunger dropped in 2021 post pandemic, recent data show food insecurity is on the rise again in 2022.

Clear Channel Outdoor, No Kid Hungry Kick Off Holiday Campaign to Ensure Kids Have Access to Healthy Meals

Rising interest rates are providing another headwind for CCO management's deleveraging plan. Over the next 2-3 quarters, YoY comps will be impacted by higher interest expense and management might have to slightly adjust CapEx plans for 2023.

Clear Channel Outdoor: A Speculative Play Facing Headwinds

SAN ANTONIO , Nov. 15, 2022 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc., (NYSE:CCO) announced today that Brian Coleman, Chief Financial Officer is scheduled to present at the BofA Securities Leveraged Finance Conference 2022 on Wednesday, November 30, 2022 at 9:30 a.m., Eastern Time.

CLEAR CHANNEL OUTDOOR HOLDINGS, INC. TO PARTICIPATE IN THE BofA SECURITIES LEVERAGED FINANCE CONFERENCE 2022

SAN ANTONIO , Nov. 14, 2022 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc., (NYSE:CCO) announced today that Scott Wells, Chief Executive Officer of Clear Channel Outdoor Holdings, Inc. is scheduled to present at the Wells Fargo TMT Summit on Tuesday, November 29, 2022 at 1:50 p.m., Pacific Time.

CLEAR CHANNEL OUTDOOR HOLDINGS, INC. TO PARTICIPATE IN THE WELLS FARGO TMT SUMMIT

Clear Channel Outdoor Holdings, Inc. (NYSE:CCO ) Q3 2022 Earnings Conference Call November 8, 2022 8:30 AM ET Company Participants Eileen McLaughlin - Vice President, Investor Relations Scott Wells - Chief Executive Officer Brian Coleman - Chief Financial Officer Conference Call Participants Steven Cahall - Wells Fargo Ben Swinburne - Morgan Stanley Lance Vitanza - Cowen Aaron Watts - Deutsche Bank Richard Choe - JPMorgan Jim Goss - Barrington Research Operator Ladies and gentlemen, thank you for standing by. Welcome to Clear Channel Outdoor Holdings, Inc. 2022 Third Quarter Earnings Conference Call.

Clear Channel Outdoor Holdings, Inc. (CCO) Q3 2022 Earnings Call Transcript

SAN ANTONIO , Nov. 8, 2022 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") today reported financial results for the quarter ended September 30, 2022. "Our strong third quarter revenue results, excluding the impact of movements in foreign exchange rates, reflect the resiliency of our platform and the continued execution of our strategic plan, which we detailed during our Investor Day in September," said Scott Wells, Chief Executive Officer of Clear Channel Outdoor Holdings, Inc. "This performance was at the high end of our consolidated revenue guidance and supported by broad-based demand from advertisers, with notable strength across our digital footprint in the Americas and Europe.

CLEAR CHANNEL OUTDOOR HOLDINGS, INC. REPORTS RESULTS FOR THE THIRD QUARTER OF 2022

Clear Channel Outdoor (CCO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Clear Channel Outdoor (CCO) May Report Negative Earnings: Know the Trend Ahead of Q3 Release

Month-long digital billboard campaign reminds Americans to express gratitude and commitment to service members and their families through USO programs focused on connection, wellness, resiliency. ARLINGTON, Va.

USO, Clear Channel Outdoor Encourage Recognition & Support to Deployed Service Members in Nationwide Campaign

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Cameco Corporation (NYSE:CCJ ) Q3 2022 Earnings Conference Call October 27, 2022 8:00 AM ET Company Participants Rachelle Girard – Vice President-Investor Relations, Tax and Treasury Tim Gitzel – President and Chief Executive Officer Grant Isaac – Senior Vice President and Chief Financial Officer Sean Quinn – Senior Vice President, Chief Legal Officer and Corporate Secretary Conference Call Participants Orest Wowkodaw – Scotiabank Gordon Johnson – GLJ Research Ralph Profiti – Eight Capital Greg Barnes – TD Security Lawson Winder – Bank of America Securities Brian MacArthur – Raymond James Justin Huhn – Uranium Empire John Tumazos – Very Independent Research Fai Lee – Odlum Brown Operator Thank you for standing by. This is the conference operator.

Cameco Corporation (CCJ) Q3 2022 Earnings Call Transcript

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SAN ANTONIO , Oct. 7, 2022 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") will release 2022 third quarter results before the market opens on Tuesday, November 8, 2022, 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 2022 THIRD QUARTER EARNINGS RELEASE AND CONFERENCE CALL

New 'PenFed Tunnel' Transforms Daily Gateway to Nation's Capital Via a Multi-Year, Multimillion Dollar Partnership Between Clear Channel Airports, The Metropolitan Washington Airports Authority and PenFed WASHINGTON , Oct. 4, 2022 /PRNewswire/ -- Clear Channel Airports (CCA), the Americas-based airports business of Clear Channel Outdoor Holdings, Inc. (NYSE: CCO), and the nation's leading airport media provider, announced today a new multi-year, multimillion dollar partnership and sponsorship with PenFed Credit Union, the country's second largest federal credit union serving over 2.8 million members worldwide with $36.6 billion in assets, to activate a cutting-edge, first-of-its-kind brand takeover of the Concourse C Connector at Washington Dulles International Airport (IAD), operated by the Metropolitan Washington Airports Authority (MWAA). PenFed's Out-of-Home (OOH) marketing campaign includes a bespoke digital media tunnel comprised of LEDs as well as directional audio via sound cones bookending the tunnel and measures nearly 4,000 square feet.

PenFed Credit Union Marketing Campaign Takes Over Concourse C Connector at Washington Dulles International Airport Greeting Millions as Travel Soars & Capital Region Grows

National Billboard Campaign from Clear Channel Outdoor Will Support the 23rd Annual Lights On Afterschool WASHINGTON , Sept. 29, 2022 /PRNewswire/ -- The Afterschool Alliance, the National League of Cities, and the National Summer Learning Association are joining Clear Channel Outdoor (NYSE: CCO) for a broad-based visibility campaign across nearly 2,000 digital billboards nationwide for this year's Lights On Afterschool rally.

Digital Billboards Across Country Will Share the Tremendous Work Afterschool Programs are Doing to Boost Students, Families, and Communities

Sales, Marketing Leader Brings 26 Years' Experience in Advertising, Transit Media & Business Development to Bear in Highly Valued Midwest Region CHICAGO , Sept. 21, 2022 /PRNewswire/ -- Clear Channel Outdoor Americas (CCOA), (NYSE: CCO), announced today it has hired veteran media leader, Chris Pezzello, to oversee and direct all its Chicago market operations including sales, marketing, real estate, public affairs, operations and finance.

Clear Channel Outdoor Hires Ad Veteran Chris Pezzello as Chicago Market President

There are opportunities worth 186 billion dollars available for the industry to continue increasing its market share. CCO has a portfolio of assets that provide extensive reach to consumers.

Clear Channel Outdoor: Scaled Player With Improving Growth And Profit Profile

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Highlights technology and digital capabilities to enhance CCOH's competitive position and capture expanding out-of-home opportunity in the U.S. Introduces expanded financial disclosures for the Americas segment, enhanced guidance for 2022 and long-term financial outlook SAN ANTONIO , Sept. 8, 2022 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (CCOH) (NYSE: CCO) will host its first Investor Day today during which Scott Wells, Chief Executive Officer, Brian Coleman, Chief Financial Officer, and other senior leaders will discuss the Company's long-term strategy for the Americas business, including deployment of its technology and digital platform, to capture the expanding opportunity in out-of-home (OOH) advertising.

Clear Channel Outdoor Holdings, Inc. to Outline Growth Drivers and Long-Term Strategy During First Investor Day

Clear Channel Outdoor has a very long growth runway ahead as it digitizes its OOH assets. RADAR based programmatic buying transitions combined with digitization will enable CCO to offer never-seen-before value & efficiency to its customers.

Clear Channel Outdoor: A 3-Dimensional Growth Story With Huge Upside Potential

SAN ANTONIO , Aug. 24, 2022 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc., (NYSE: CCO) announced today that Scott Wells, CEO of Clear Channel Outdoor Holdings, Inc., is scheduled to participate in the fireside chat session at the Goldman Sachs Communacopia Conference on Wednesday, September 14, 2022 at 3 p.m., Pacific Time.

CLEAR CHANNEL OUTDOOR HOLDINGS, INC. TO PARTICIPATE IN THE GOLDMAN SACHS COMMUNACOPIA CONFERENCE

Clear Channel Outdoor Holdings Inc (NYSE:CCO ) Q2 2022 Earnings Conference Call August 9, 2022 8:30 AM ET Company Participants Eileen McLaughlin - VP, IR Scott Wells - CEO, President and Director Brian Coleman - Executive VP, Treasurer and CFO Justin Cochrane - CEO, Clear Channel UK Conference Call Participants Steven Cahall - Wells Fargo Cameron McVeigh - Morgan Stanley Richard Choe - JPMorgan Lance Vitanza - Cowen Jason Kim - Goldman Sachs James Goss - Barrington Research Aaron Watts - Deutsche Bank Courtney Bahlman - Barclays Operator Ladies and gentlemen, thank you for standing by. Welcome to Clear Channel Outdoor Holdings Inc's 2022 Second Quarter Earnings Conference Call.

Clear Channel Outdoor Holdings Inc (CCO) CEO Scott Wells on Q2 2022 Results - Earnings Call Transcript

Transformative New All-Digital Media Network Unveiled as Part of LaGuardia's Reimagined Terminal C; Award-Winning Digital Media Program Completed at Terminal B  Cutting Edge Digital Infrastructure Coming to International Airports at JFK and Newark Liberty  Thousands of Square Feet of Digital Displays Strategically Placed to Lift Brand Campaigns to New Altitudes as Business, Leisure Travel Soar   NEW YORK, Aug. 11, 2022 /PRNewswire/ -- Today, the Port Authority of New York and New Jersey and Clear Channel Airports (CCA), the Americas-based airports business of Clear Channel Outdoor Holdings, Inc., (NYSE: CCO) announced new, world-class digital media infrastructure at the region's airports, including the unveiling of a transformative, new all-digital media network as part of LaGuardia's reimagined Terminal C.  The Port Authority and Clear Channel signed a 12-year contract in November 2020 for the advertising franchise at all Port Authority airports.

Port Authority and Clear Channel Bring New All-Digital Media Program to Airports

SAN ANTONIO , Aug. 9, 2022 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (CCOH) (NYSE: CCO) will host its first Investor Day on Thursday, September 8, 2022, in New York City. The presentation will begin at approximately 9:00 a.m.

Clear Channel Outdoor Holdings Inc. to Host Investor Day on September 8, 2022

SAN ANTONIO , Aug. 9, 2022 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") today reported financial results for the quarter ended June 30, 2022. "We delivered strong results during the second quarter, exceeding our consolidated revenue guidance, as advertising demand remained robust across our markets in the Americas and Europe," said Scott Wells, Chief Executive Officer of Clear Channel Outdoor Holdings, Inc. "Our strong performance was once again led by our digital assets, which are becoming a greater contributor to our results as we advance as a visual media powerhouse targeting consumers on the move.

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