Reports Q3 adjusted EBITDA $132.52M. “During the third quarter, we delivered consolidated revenue growth of 8.1%, reflecting strong performance across both our America and Airports segments. This quarter’s results provide continued evidence that we are executing on our four-pillar growth strategy outlined at our recent Investor Day,” said Scott Wells, Chief Executive Officer of Clear Channel Outdoor (CCO) Holdings, Inc. “We saw growth in key markets, including New York and San Francisco, across both national and local sales channels, and in digital and programmatic sales, all while strengthening our balance sheet.”
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CCO:
- Is CCO a Buy, Before Earnings?
- Clear Channel Outdoor price target raised to $2.10 from $1.35 at Citi
- Hold Rating for Clear Channel Outdoor Amidst Positive OOH Trends and Economic Uncertainties
- Clear Channel Outdoor price target raised to $2.80 from $2.50 at TD Cowen
- Positive Outlook for Clear Channel Outdoor Amid Potential Mubadala Acquisition and Favorable Market Conditions