Strong Revenue and Growth
Consolidated revenue for the second quarter was $402.8 million, a 7% increase year-over-year. The Americas segment delivered record second quarter revenue of $303.1 million, a 4.4% increase year-over-year.
Airports Segment Performance
Airports revenue increased by 15.6% to a record $99.7 million. National sales were up 15.4% and local sales up 15.9%.
Capital Structure Improvements
Extended cash flow revolver and asset-backed credit line to June 2030, refinanced approximately 40% of debt maturities to 2031 and 2033, and reduced annual interest by $17.5 million through buybacks.
Innovative Campaign Attribution Tool
Rollout of In-Flight Insights campaign attribution solution, providing brands with the ability to assess the impact of their out-of-home campaigns in real-time.
Positive Financial Outlook
Reiterated midpoint of consolidated revenue and adjusted EBITDA guidance for the year, expecting a strong second half with nearly 90% of Q3 revenue guidance under contract.