CCO Q2 2022 Earnings — Clear Channel Outdoor Holdings, Inc. Revenue & Financial Results | Market Cap Arena

CCOClear Channel Outdoor Holdings, Inc.

$1B

Q2 2022 Earnings

Communication Services Advertising Agencies

Income Statement

Revenue

$643M+21.1% YoY

Gross Profit

$312M48.5% margin

Operating Income

$71M11.0% margin

Net Income

-$66M-10.2% margin

EPS (Diluted)

$-0.14

QoQ Revenue Growth

+22.4%

Cash Flow

Operating Cash Flow

-$30M

Free Cash Flow

-$76M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$5.1B

Total Liabilities

$8.4B

Stockholders' Equity

-$3.4B

Cash & Equivalents

$315M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$643M	$531M	+21.1%
Gross Profit	$312M	$225M	+38.8%
Operating Income	$71M	$13M	+427.8%
Net Income	-$66M	-$125M	+47.3%

Revenue Segments

Americas Segment

$346M55%

Europe Segment

$280M45%

Geographic Segments

Americas Segment

$346M55%

Europe Segment

$280M45%