CCO Q3 2022 Earnings — Clear Channel Outdoor Holdings, Inc. Revenue & Financial Results | Market Cap Arena

CCOClear Channel Outdoor Holdings, Inc.

$1B

Q3 2022 Earnings

Communication Services Advertising Agencies

Income Statement

Revenue

$503M-15.6% YoY

Gross Profit

$262M52.0% margin

Operating Income

$81M16.0% margin

Net Income

-$40M-7.9% margin

EPS (Diluted)

$-0.08

QoQ Revenue Growth

-21.8%

Cash Flow

Operating Cash Flow

$95M

Free Cash Flow

$51M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$5.0B

Total Liabilities

$8.4B

Stockholders' Equity

-$3.4B

Cash & Equivalents

$327M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$503M	$596M	-15.6%
Gross Profit	$262M	$280M	-6.4%
Operating Income	$81M	$49M	+66.1%
Net Income	-$40M	-$41M	+2.6%

Revenue Segments

Americas Segment

$347M59%

Europe Segment

$239M41%

Geographic Segments

Americas Segment

$347M59%

Europe Segment

$239M41%