, /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) ("Clear Channel" or "the Company"), a leader in U.S. out-of-home (OOH) advertising, will release 2025 third quarter results before the market opens on Thursday, November 6, 2025, by 7:00 a.m. and will host a conference call to discuss the results at 8:30 a.m. Eastern Time. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In A replay of the webcast will be a ...

AdvisorsThe Company engaged Moelis & Company LLC as financial advisor to assist with the processes to sell the Company's Latin American businesses. About Clear Channel Outdoor Holdings, Inc.Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) is at the forefront of driving innovation in the out-of-home advertising industry. Our dynamic advertising platform is broadening the pool of advertisers using its medium through the expansion of digital billboards and displays and the integration of data analytics and pr ...

Company Overview - Clear Channel Outdoor Holdings is a major player in the outdoor advertising industry, providing services through billboards, street furniture displays, transit displays, and other out-of-home advertising formats, operating solely within the United States [1][4] - The company has transitioned to a U.S. pureplay, enhancing its focus and potential value from a multiple perspective, making it easier for potential acquirers [8] Activist Involvement - Anson Funds, which holds a 3.65% stake in Clear Channel Outdoor, has initiated a campaign calling for the sale of the company, marking a strategic shift for the fund [2][3][7] - The activist strategy is led by Sagar Gupta, who previously worked with Legion Partners during their campaign for Clear Channel Outdoor, indicating a long-term interest in the company [2][7] Financial Performance and Valuation - Clear Channel Outdoor has faced challenges with its two business lines in the Americas and Europe, with the U.S. operations trading at approximately 13-15 times EBITDA, while European operations traded around 8 times EBITDA [5][6] - Despite recent divestitures and a focus on digital transformation, the company's stock has declined by 26.56% since Legion's activist filing and over 90% from its IPO price [6] Strategic Moves and Market Position - The company has executed several divestitures, including selling its European and Latin American businesses, which has allowed it to focus on the U.S. market and reduce debt [6] - Potential acquirers for Clear Channel Outdoor include JCDecaux and Lamar, both of which have shown interest in the outdoor advertising sector [8][9] Digital Transformation - Clear Channel Outdoor's digital billboard segment has grown to only 5% of its portfolio, despite accounting for over a third of its revenue, highlighting the slow pace of digital transformation due to regulatory approvals [11] - The slow rollout of digital ads poses challenges for the company, particularly in meeting quarterly reporting expectations as a public entity [11]

Accessibility StatementSkip Navigation Airport Media Drives Greater Impact for Brand, Proving Itself a Powerful Engagement Medium Among Frequent Flyers Who Are 2x More Likely to Be Their Company's AI Decision-Maker NEW YORK, Sept. 15, 2025 /PRNewswire/ -- As America's airports experience record-setting traveler volumes and prepare for continued growth through 2025, new research commissioned by Clear Channel Outdoor (CCO), and conducted by Nielsen, offers a timely, data-backed case for local and national br ...

Financial Data and Key Metrics Changes - The company is focusing on driving revenue, improving profitability, and creating a winning culture as key priorities [12][13] - The company aims to transform its operations in 2025 and expand in 2026, with a focus on increasing demand and pricing [19][78] Business Line Data and Key Metrics Changes - The restructuring of the sales organization includes two Chief Revenue Officers (CROs) focusing on enterprise and commercial sides of the business [14][15] - The company is centralizing key functions to enhance focus on demand and supply sides [17] Market Data and Key Metrics Changes - The out-of-home media share of media spend has decreased from 6% to 2.5% over seven years, indicating a significant market challenge [27] - The company is targeting significant urban markets such as New York, Miami, Chicago, and San Francisco for its premium brand positioning [65] Company Strategy and Development Direction - The company is focusing on experiential brand experiences, retail media, and the creator economy as key areas for growth [20][21][59] - The strategy includes enhancing digital capabilities and leveraging AI to improve brand trust and engagement [32][21] Management's Comments on Operating Environment and Future Outlook - Management believes that the biggest opportunity lies in reestablishing the relevance of out-of-home media in the marketing mix [30] - The company is committed to improving profitability by exiting unprofitable leases and focusing on high-quality inventory [88][91] Other Important Information - The company is not currently pursuing large M&A but remains open to tuck-in opportunities [80] - The focus on the mid-market and SMB segments remains strong, contributing 60% of revenue [34] Q&A Session Summary Question: What will be the focus if the company returns in a year with good news? - The focus will be on demand levels, organic growth, and the quality of inventory, along with fostering a winning culture [121][125] Question: How does transit fit into the company's strategy? - Transit is viewed as an opportunity for brand experiences, and the company is changing its approach to sell transit advertising more effectively [104][115] Question: What are the challenges faced by OUTFRONT Media? - The main challenge is the positioning of outdoor media in the minds of decision-makers, with opportunities to sell more creatively to the right customers [116]

Financial Performance - Consolidated revenue increased by 70% to $403 million[13] - Adjusted EBITDA rose by 77% to $129 million[13] - AFFO increased significantly by 759% to $28 million[13] - America segment revenue increased by 44% to $303 million[14] - Airports segment revenue increased significantly by 156% to $100 million[17] Segment Highlights - America's digital revenue grew by 111% to $114 million[16] - Airports' digital revenue increased by 315% to $64 million[19] - Site lease expense for America increased by 111% to $94 million[16] - Site lease expense for Airports increased by 134% to $60 million[19] Capital Structure - Debt decreased by $226 million, reaching $5067 billion[24]

Core Insights - Clear Channel Outdoor Holdings, Inc. reported a consolidated revenue increase of 7.0% for Q2 2025, driven by growth in the America and Airports segments, with a positive outlook for the second half of the year [2][4][12] - The company has successfully refinanced approximately 40% of its debt maturities, extending them to 2031 and 2033, with the nearest maturity now in 2028 [2][9][30] Financial Performance - Consolidated revenue for Q2 2025 was $402.8 million, compared to $376.5 million in Q2 2024, marking a 7.0% increase [5][13] - Income from continuing operations improved to $6.3 million in Q2 2025 from a loss of $25.4 million in Q2 2024 [5][33] - Adjusted EBITDA for Q2 2025 was $128.6 million, up 7.7% from $119.4 million in Q2 2024 [5][17] Segment Performance - Revenue from the America segment increased by 4.4% to $303.1 million in Q2 2025, while the Airports segment saw a 15.6% increase to $99.7 million [13][19] - Digital revenue in the America segment rose by 11.1% to $113.8 million, reflecting the addition of new digital billboards and increased demand [19][21] Debt Management - The company repurchased $229.7 million of senior notes in Q2 2025, contributing to a year-to-date debt reduction of approximately $605 million [8][27] - A private offering of $2.05 billion in senior secured notes was closed on August 4, 2025, to fund the redemption of existing senior secured notes due in 2027 and 2028 [9][28] Guidance and Outlook - For Q3 2025, the company expects consolidated revenue between $395 million and $410 million, representing a year-over-year increase of 5% to 9% [11] - The full-year 2025 revenue guidance has been updated to a range of $1.57 billion to $1.60 billion, reflecting a 4% to 6% increase from the previous year [12] Market Position - As of June 30, 2025, the company operated over 61,400 print and digital out-of-home advertising displays across 81 Designated Market Areas in the U.S., including 43 of the top 50 markets [21][22]

Core Viewpoint - Clear Channel Outdoor Holdings, Inc. has announced the pricing of an offering of $1,150 million in 7.125% Senior Secured Notes due 2031 and $900 million in 7.500% Senior Secured Notes due 2033, with the issuance expected to complete on August 4, 2025 [1] Group 1: Offering Details - The offering consists of $1,150 million of 7.125% Senior Secured Notes due 2031 and $900 million of 7.500% Senior Secured Notes due 2033 [1] - The Notes will be guaranteed on a senior secured basis by certain wholly owned domestic subsidiaries of the Company [2] - The Notes will be secured by a first-priority basis on the Company's and Guarantors' assets, with a second-priority on accounts receivable related to the Receivables Facility [2] Group 2: Use of Proceeds - The net proceeds from the Offering will be used to redeem all outstanding 5.125% Senior Secured Notes due 2027 and 9.000% Senior Secured Notes due 2028, as well as to pay related transaction fees and expenses [3] Group 3: Company Overview - Clear Channel Outdoor Holdings is a leader in the out-of-home advertising industry, focusing on innovation through digital billboards and data analytics [5] - The Company aims to broaden its advertiser base by enhancing its advertising platform and delivering measurable campaigns [5]

Group 1 - The company, Clear Channel Outdoor Holdings, Inc. (NYSE: CCO), will release its second quarter results for 2025 on August 5, 2025, before the market opens at 7:00 a.m. Eastern Time [1] - A conference call to discuss the results will take place at 8:30 a.m. Eastern Time on the same day [1] - Earnings materials, including reconciliations of non-GAAP financial measures to GAAP financial measures, will be available on the company's website by 7:00 a.m. Eastern Time [2] Group 2 - Clear Channel Outdoor Holdings, Inc. is a leader in the out-of-home advertising industry, focusing on innovation through digital billboards and data analytics [4] - The company aims to broaden its advertiser base by integrating programmatic capabilities that facilitate measurable advertising campaigns [4] - By leveraging its diverse portfolio, the company connects advertisers with millions of consumers each month [4]

Group 1 - Clear Channel Outdoor (CCO) has launched a summer campaign to address childhood hunger in the U.S., partnering with No Kid Hungry to encourage public donations [1][3] - An estimated 1 in 5 children in the U.S., nearly 14 million, are living with hunger, highlighting the critical need for summer meal programs [1][3] - CCO's digital billboards will also promote NoKidHungry.org/Help, providing resources for families to access free summer meals [2] Group 2 - CCO is collaborating with the National Summer Learning Association (NSLA) to promote affordable summer learning opportunities for children, as nearly half of U.S. children lack such opportunities [3][4] - The campaign will coincide with National Summer Learning Week, emphasizing the importance of summer learning in closing the opportunity gap [4] - CCO's efforts aim to connect families with vital resources that support children's health and education during the summer months [5] Group 3 - Clear Channel Outdoor Holdings, Inc. is a leader in the out-of-home advertising industry, focusing on innovation through digital billboards and data analytics [6]