Contractual Headwinds With Transit And MunicipalitiesOngoing contractual headwinds from major transit and municipal contracts may continue to pressure revenue in specific markets until contractual issues are resolved.
High Leverage And Financial RiskA high level of long-term debt relative to capital increases financial risk and could limit strategic and capital flexibility.
Weakness In Key Advertising CategoriesWeakness in government, political, retail, and automotive advertising categories may restrain overall performance and reduce ad demand.