CCO Q1 2024 Earnings — Clear Channel Outdoor Holdings, Inc. Revenue & Financial Results | Market Cap Arena

CCOClear Channel Outdoor Holdings, Inc.

$1B

Q1 2024 Earnings

Communication Services Advertising Agencies

Income Statement

Revenue

$482M+10.1% YoY

Gross Profit

$221M45.9% margin

Operating Income

$32M6.7% margin

Net Income

-$90M-18.6% margin

EPS (Diluted)

$-0.19

QoQ Revenue Growth

-23.8%

Cash Flow

Operating Cash Flow

-$35M

Free Cash Flow

-$61M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$4.6B

Total Liabilities

$8.1B

Stockholders' Equity

-$3.6B

Cash & Equivalents

$193M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$482M	$437M	+10.1%
Gross Profit	$221M	$185M	+19.5%
Operating Income	$32M	-$9M	+445.1%
Net Income	-$90M	-$35M	-156.8%

Revenue Segments

Americas Segment

$250M52%

Europe-North Segment

$139M29%

Airports Segment

$77M16%

Other Segments

$16M3%

Geographic Segments

Americas

$327M70%

Europe

$139M30%