Outfront Media Inc ( (OUT) ) has released its Q2 earnings. Here is a breakdown of the information Outfront Media Inc presented to its investors.
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OUTFRONT Media Inc. is a leading out-of-home media company in the United States, specializing in billboard and transit advertising, and known for transforming public spaces into platforms for creativity and cultural relevance. In its second quarter of 2025, OUTFRONT Media reported revenues of $460.2 million, a decrease from the previous year, with a net income of $19.5 million and an adjusted OIBDA of $124.1 million. The company also declared a quarterly dividend of $0.30 per share. Key financial highlights include a 3.6% decrease in revenues compared to the same period last year, primarily due to the sale of its Canadian business and restructuring efforts. The billboard segment saw a decline in revenues due to lost billboards, while the transit segment experienced a revenue increase driven by higher average revenue per display. Operating expenses decreased by 3.5%, attributed to lower variable property lease expenses, although the company faced higher costs related to the New York Metropolitan Transportation Authority. Looking ahead, OUTFRONT Media is optimistic about leveraging its recent restructuring to enhance growth and capitalize on the influence of out-of-home advertising, aiming to improve its share of advertisers’ budgets.