Clear Channel Outdoor Holdings Reports 2.2% Increase in Q1 Revenue, Net Loss Narrows by 20.1%

Reuters

2025/05/01

<a href="https://laohu8.com/S/CCO">Clear Channel Outdoor Holdings</a> Reports 2.2% Increase in Q1 Revenue, Net Loss Narrows by 20.1%

Clear Channel Outdoor Holdings Inc. reported a 2.2% increase in consolidated revenue for the first quarter of 2025, reaching $334.2 million compared to the same period in 2024. The company's America segment generated $254.2 million, a 1.8% increase, while the Airports segment saw a 4.0% rise, reaching $80.0 million. Despite the revenue growth, the company reported a net loss from continuing operations of $55.3 million, a 20.1% decrease from the previous year. Adjusted EBITDA was noted at $79.3 million, marking a 12.5% decline. Significant business updates include the sale of businesses in Mexico, Peru, and Chile to Global Media US LLC for $34.0 million and the sale of the Europe-North segment to Bauer Radio Limited for $625.0 million. Proceeds from these transactions were used to fully prepay a $375.0 million term loan of Clear Channel International B.V., with plans to retire additional debt using remaining funds.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Clear Channel Outdoor Holdings Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY77414) on May 01, 2025, and is solely responsible for the information contained therein.

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The company's America segment generated $254.2 million, a 1.8% increase, while the Airports segment saw a 4.0% rise, reaching $80.0 million. Despite the revenue growth, the company reported a net loss from continuing operations of $55.3 million, a 20.1% decrease from the previous year. Adjusted EBITDA was noted at $79.3 million, marking a 12.5% decline. Significant business updates include the sale of businesses in Mexico, Peru, and Chile to Global Media US LLC for $34.0 million and the sale of the Europe-North segment to Bauer Radio Limited for $625.0 million. 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ID: NY77414) on May 01, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CCO","symbol_name":"Clear Channel Outdoor Holdings","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250501:nNDL4lGYz4:1","article_id":"2532366027","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2532366027","pubTimestamp":1746093657,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Clear Channel Outdoor Holdings Inc. reported a 2.2% increase in consolidated revenue for the first quarter of 2025, reaching $334.2 million compared to the same period in 2024. 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