Sector: Consumer Cyclicals | Industry: Advertising & Marketing |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 4830 North Loop 1604W, Suite 111 SAN ANTONIO TX 78249 |
Tel: | N/A |
Website: | https://investor.clearchannel.com/home/default.aspx |
IR: | See website |
Key People | ||
Scott R. Wells President, Chief Executive Officer, Director | David Sailer Chief Financial Officer, Executive Vice President | Justin Cochrane Chief Executive Officer of Clear Channel U.K. & Europe |
Lynn A. Feldman Executive Vice President, Company Secretary, Chief Legal Officer | Jason A. Dilger Senior Vice President, Chief Accounting Officer |
Business Overview |
Clear Channel Outdoor Holdings, Inc. is an out-of-home advertising company. The Company provides customized advertising solutions through its asset portfolio of roadside billboards, urban street furniture, airport advertising displays and other displays. The Company's segments include America, Airports, and Europe-North. The America segment consists of operations in the United States excluding airports. The Airports segment provides advertising opportunities around and within United States and Caribbean airports. The Europe-North segment consists of operations in the United Kingdom, the Nordics, and several other countries throughout northern and central Europe. It also has operations in Latin America and Singapore. Its Latin American businesses include operations in Mexico, Brazil, Chile, and Peru. The Company generally outsources the design and manufacturing of advertising structures to third parties. |
Financial Overview |
For the three months ended 31 March 2024, Clear Channel Outdoor Holdings Inc revenues decreased 12% to $481.8M. Net loss before extraordinary items increased from $34.9M to $89.2M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Other operating income (expense), net increase from $91.3M (income) to $1.4M (expense), Other expense. |
Employees: | 3,900 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | N/A |
Annual revenue (TTM): | $2,063M as of Mar 31, 2024 |
EBITDA (TTM): | $469.99M as of Mar 31, 2024 |
Net annual income (TTM): | -$213.55M as of Mar 31, 2024 |
Free cash flow (TTM): | N/A |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 488,706,668 as of May 6, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |