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Clear Channel Outdoor Holdings Inc   (CCO)
Other Ticker:  
 
    Sector  Services    Industry Advertising
   Industry Advertising
   Sector  Services
 
Price: $1.5600 $-0.07 -4.294%
Day's High: $1.65 Week Perf: -10.86 %
Day's Low: $ 1.54 30 Day Perf: -12.85 %
Volume (M): 4,035 52 Wk High: $ 2.06
Volume (M$): $ 6,294 52 Wk Avg: $1.44
Open: $1.61 52 Wk Low: $0.99



 Market Capitalization (Millions $) 746
 Shares Outstanding (Millions) 478
 Employees 4,700
 Revenues (TTM) (Millions $) 2,127
 Net Income (TTM) (Millions $) -309
 Cash Flow (TTM) (Millions $) -38
 Capital Exp. (TTM) (Millions $) 167

Clear Channel Outdoor Holdings Inc
Clear Channel Outdoor Holdings, Inc. is a worldwide out-of-home advertising corporation with a substantial presence in the United States and Europe. We provide tailored advertising solutions through our asset portfolio of roadside billboards, urban street furniture, airport advertising displays, and other displays, which includes over 500,000 print and digital displays in 23 countries. By leveraging the scale, reach and flexibility of our diverse portfolio of assets, we connect advertisers with millions of consumers every month. We believe we are at the forefront of driving innovation in the out-of-home advertising industry, and our dynamic advertising platform is broadening the pool of advertisers using our medium through the expansion of digital displays and the integration of data analytics and programmatic capabilities that deliver measurable campaigns that are simpler to buy.
By leveraging the scale, reach and flexibility of our diverse portfolio of assets, we connect advertisers with millions of consumers every month. We believe we are at the forefront of driving innovation in the out-of-home advertising industry, and our dynamic advertising platform is broadening the pool of advertisers using our medium through the expansion of digital displays and the integration of data analytics and programmatic capabilities that deliver measurable campaigns that are simpler to buy.
We believe out-of-home advertising enjoys a strong and unique position in the media mix. With over 90% of Americans on the road each week, according to data provided by Scarborough Research in 2022, out-of-home offers advertisers a cost-effective advertising medium to reach consumers along their daily journeys in ways that can drive measurable results. Out-of-home's large, creative canvases and access to distinctive features, including three-dimensional embellishments, lighting effects and more, provide advertisers an impactful way to tell brand stories. Out-of-home can also provide iconic, strategic locations, with some advertisers maintaining long-term positions to protect their access to key locations. Further, out-of-home can be planned and executed as both a hyper-local, targeted medium and as a scaled, mass-reach medium.
The out-of-home industry is in the midst of a technology-driven transformation, in both format and how it is sold. Modern marketers are looking to target and reach the right audiences with flexibility to change messaging quickly, measure and understand its impact, and to do so with speed, simplicity and transparency. With the growth of digital media and use of audience data, advertisers are able to effectively reach their consumers by selecting the out-of-home inventory that is most likely to be seen by their target audiences, while also being able to alter advertising messages based on environmental conditions, including time of day and weather, breaking news, changes to advertising strategies and other factors, making their advertising messaging more relevant and effective to their target audiences.


   Company Address: 4830 North Loop 1604 West, San Antonio, 78249 TX
   Company Phone Number: 547-8800   Stock Exchange / Ticker: NYSE CCO
   


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
LAMR   -0.58%    
OUT   -1.18%    
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Stock Offering

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

Published Mon, Mar 4 2024 9:05 PM UTC

Clear Channel Outdoor Holdings, Inc. Announces Successful Pricing of Senior Secured Notes Due 2030
Outline of Facts:
1. Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) has announced the pricing of an offering called the Offering which consists of $865,000,000 aggregate principal amount of 7.875% Senior Secured Notes due 2030 (referred to as the Notes).
2. The i...

Clear Channel Outdoor Holdings Inc

Headline: Clear Channel Outdoor Holdings Inc Reports Increased Earnings Despite $23.05 Million Tax Provisions

Clear Channel Outdoor Holdings Inc, a leading outdoor advertising company, has reported its financial results for the October to December 31, 2023 fiscal span. While the numbers indicate a decline in EPS and revenue compared to the previous year, there are positive signs that suggest the company is on a path to recovery.
During this fiscal span, Clear Channel Outdoor Holdings Inc witnessed a significant decrease in EPS, with a dive of -71.31% from $0.18 per share to $0.05 per share. However, it is important to note that the company managed to turn its EPS from a negative value of $-0.55 per share in the previous financial reporting period to a positive figure.

Clear Channel Outdoor Holdings Inc

Clear Channel Outdoor Holdings Inc: Unprecedented Growth Spurs Advertising Revolution in Q3 2023



Clear Channel Outdoor Holdings Inc, a prominent player in the advertising and outdoor media space, has witnessed significant fluctuations in its stock performance over the past five trading days. Despite a modest increase during this period, the company's year-to-date performance remains positive. However, assessing the financial results for the fiscal interval closing September 30, 2023, reveals a complicated picture. With declining revenue and widening deficits, Clear Channel Outdoor Holdings Inc faces challenges that may impact its future prospects.
Decreasing Revenue:
One concerning aspect is the notable decrease in revenue for Clear Channel Outdoor Holdings Inc. Compared to the same reporting period a year ago, the company experienced a decline of 12.626% in revenue, amounting to $526.79 million. Furthermore, this reflects a sequential fall of 17.333% from $637.24 million. Such a significant decrease raises concerns about the company's ability to generate stable revenue streams in an increasingly competitive market.

Clear Channel Outdoor Holdings Inc

Clear Channel Outdoor Holdings Inc witnesses a decline in revenue during Q2 2023

Clear Channel Outdoor Holdings Inc (CCO) had a challenging second quarter in 2023, reporting a loss of $-0.08 per share compared to $-0.14 in the previous year. However, it is important to note that the deficit improved from $-0.07 per share in the prior reporting season. Despite the decrease in revenue by -0.954% to $637.24 million from $643.38 million a year ago, there was a sequential increase of 16.831% from $545.44 million.
One positive aspect is that Clear Channel Outdoor Holdings Inc managed to reduce its net deficit significantly, reporting a deficit of $-36.579 million in the second quarter of 2023 compared to $-65.317 million in the same period last year. This shows that the company is actively taking measures to improve its financial position.






 

Clear Channel Outdoor Holdings Inc's Segments
 
 
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  Company Estimates  
  Revenue Outlook
Clear Channel Outdoor Holdings Inc does not provide revenue guidance.

Earnings Outlook
Clear Channel Outdoor Holdings Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




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