CCO Q2 2019 Earnings — Clear Channel Outdoor Holdings, Inc. Revenue & Financial Results | Market Cap Arena

CCOClear Channel Outdoor Holdings, Inc.

$1B

Q2 2019 Earnings

Communication Services Advertising Agencies

Income Statement

Revenue

$698M-2.0% YoY

Gross Profit

$335M48.0% margin

Operating Income

$82M11.8% margin

Net Income

-$11M-1.6% margin

EPS (Diluted)

$-0.03

QoQ Revenue Growth

+18.9%

Cash Flow

Operating Cash Flow

$103M

Free Cash Flow

$52M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$6.4B

Total Liabilities

$8.6B

Stockholders' Equity

-$2.4B

Cash & Equivalents

$372M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$698M	$712M	-2.0%
Gross Profit	$335M	$339M	-1.2%
Operating Income	$82M	$94M	-12.3%
Net Income	-$11M	-$50M	+78.3%

Revenue Segments

Americas Segment

$327M100%

Geographic Segments

Europe

$252M49%

UNITED STATES

$182M35%

Asia Pacific

$60M12%

OTHER AMERICAS

$18M4%