'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/M ...

"Working with our partners, we've expanded hours at life-saving cooling centers across the region. Now, we need as many people as possible to know about this resource," said Maricopa County Board of Supervisors Chairman Jack Sellers, District 1. "Clear Channel Outdoor understood the importance of this messaging—how it could save lives—and generously offered to share heat relief resources on their digital billboards at no cost." The Maricopa County Department of Public Health (MCDPH) confirmed a record-break ...

财务数据和关键指标变化 - 公司2024年第一季度合并收入为4.82亿美元,同比增长10.1%。剔除汇率影响,合并收入为4.78亿美元,同比增长9.3% [20] - 公司2024年第一季度亏损从持续经营业务为8900万美元,较上年有所改善 [20] - 公司2024年第一季度调整后EBITDA为9700万美元,同比增长53.6%。剔除汇率影响,调整后EBITDA增长53% [20] - 公司2024年第一季度自由现金流为负1600万美元,同比改善62.6%。剔除汇率影响,自由现金流改善61.6% [20] 各条业务线数据和关键指标变化 美国业务 - 2024年第一季度美国业务收入为2.5亿美元,同比增长5.8%,各地区收入均有增长 [21] - 美国数字收入占总收入的33.7%,同比增长7.9%至8400万美元 [21] - 美国国内销售占总收入的34.5%,同比增长5.5%。本地销售占65.5%,同比增长6% [21] - 美国业务调整后EBITDA为9500万美元,同比增长17.3%。调整后EBITDA率为38.2%,较上年有所改善 [22] 机场业务 - 2024年第一季度机场业务收入为7700万美元,同比增长43% [23] - 机场数字收入占总收入的55.4%,同比增长44.1%至4300万美元 [23] - 机场国内销售占总收入的55.2%,同比增长25.5%。本地销售占44.8%,同比增长72.8% [23] - 机场业务调整后EBITDA为1900万美元,同比增长204.6%。调整后EBITDA率为24.8% [24] 欧洲-北部业务 - 2024年第一季度欧洲-北部业务收入剔除汇率影响同比增长5.9%至1.36亿美元,主要得益于英国、瑞典和比利时市场的增长 [25] - 欧洲-北部数字收入占总收入的52.4%,同比增长9.1%至7100万美元 [25] - 欧洲-北部业务调整后EBITDA同比增长92.5%至1400万美元,调整后EBITDA率为10.1% [26] 各个市场数据和关键指标变化 - 公司在美国市场的表现广泛,各地区收入均有增长 [21] - 美国业务中,本地销售增长强劲,占总收入的65.5% [21] - 欧洲-北部市场中,英国、瑞典和比利时表现良好,但挪威一个交通合同的丢失拖累了整体业绩 [25] 公司战略和发展方向及行业竞争 - 公司正专注于提高业务盈利能力,集中发展美国和机场业务,并将合适的技术整合到平台中,以服务更广泛的广告客户 [6] - 公司正在欧洲-北部业务进行出售谈判,计划成为一家专注于美国市场的公司 [15][68] - 公司正在通过提升销售团队、发展数据分析等方式,开拓新的广告客户和垂直行业 [9][10][11] - 公司在机场业务方面持续投资数字显示屏,以满足强劲的广告需求 [12] 管理层对经营环境和未来前景的评论 - 公司第一季度的表现符合预期,反映了美国、机场和欧洲-北部(剔除已出售市场和汇率影响)创下第一季度收入新高 [6] - 公司对全年收入增长中单位数的指引保持不变,预计将较上年增长 [14] - 公司认为,数字化投资、销售团队建设、网站升级以及程序化广告和数据分析等举措将有利于公司的长期增长 [15] - 公司对未来前景保持乐观,认为经济整体增长以及各项举措将为公司带来积极影响 [41][42] 问答环节重要的提问和回答 问题1 **Cameron McVeigh 提问** 询问公司美国业务国内销售和国外销售表现的差异以及对广告市场的看法,以及对2024年以后自由现金流增长的预期 [45][48] **Scott Wells 和 David Sailer 回答** - 公司将国内销售和国外销售的定义与同行可能有所不同,难以直接比较 - 公司认为本地市场保持强劲,多个行业表现良好,而国内市场的表现则参差不齐 - 对于自由现金流的增长,公司表示主要来自于EBITDA的增长,利息和维护资本支出预计将保持稳定 [46][47][48][49][50] 问题2 **Daniel Osley 提问** 询问公司为何未能在全年EBITDA指引中反映第一季度的强劲表现 [54] **Scott Wells 和 David Sailer 回答** - 公司在制定年度指引时对第一季度有较好的预测,因此未在此时上调全年指引 - 第一季度EBITDA占全年比重较小,因此短期波动对全年的影响较大,尤其是在机场和欧洲-北部业务 [55][58][59][60][61] 问题3 **Avi Steiner 提问** 询问公司对媒体娱乐行业的看法,以及欧洲-北部业务出售进程的影响 [64][67] **Scott Wells 回答** - 媒体娱乐行业在第一季度表现一般,但随着影视作品发行计划的改善,预计全年将呈现增长 - 欧洲-北部业务的强劲表现不会改变公司将其出售的战略,而是有利于谈判进程 [65][68]

Clear Channel Outdoor Holdings 2024 First Quarter Results May 9, 2024 Safe harbor statement and other information Forward-Looking Statements Certain statements in this presentation constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Clear Channel Outdoor Holdings, Inc. and its subsidi ...

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. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 5.56%. A quarter ago, it was expected that this outdoor advertising company would post earnings of $0.04 per share when it actually produced earnings of $0.05, delivering a surprise of 25%. Over the last four quarter ...

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 Of ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-32663 CLEAR CHANNEL OUTDOOR HOLDINGS, INC. (Exact name of registrant as specified in its charter) Delaware 88-0318078 (State or oth ...

Exhibit 99.1 Clear Channel Outdoor Holdings, Inc. Reports Results for the First Quarter of 2024 ---------------- San Antonio, TX, May 9, 2024 – 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 segment ...

The upcoming report from Clear Channel Outdoor (CCO) is expected to reveal quarterly loss of $0.18 per share, indicating an increase of 21.7% compared to the year-ago period. Analysts forecast revenues of $480.69 million, representing a decrease of 11.9% year over year. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe. Before a company announce ...

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. Eastern Time. The conference call number 866-424-3432 (United States callers) or +1 215-268-9862 (international callers). A live audio webcast of the conference call will be available on the "Events & Presentations" section of the Co ...