Cost ManagementOUT announced a 6% reduction in force expected to result in $18-20 million in annual savings, improving the cost outlook.
Dividend YieldThe company's cash dividend rate provides a 7.2% yield, which is attractive for investors seeking income.
MTA Revenue GrowthStrong growth in MTA revenue is expected, with daily MTA ridership showing significant year-over-year increases, providing upside to Q3 transit estimates.