OUT Q1 2023 Earnings — Outfront Media Inc. Revenue & Financial Results | Market Cap Arena

OUTOutfront Media Inc.

$5B

Q1 2023 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$396M+6.0% YoY

Gross Profit

$160M40.5% margin

Operating Income

$10M2.6% margin

Net Income

-$29M-7.3% margin

EPS (Diluted)

$-0.17

QoQ Revenue Growth

-20.0%

Cash Flow

Operating Cash Flow

$9M

Free Cash Flow

-$13M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$6.0B

Total Liabilities

$4.8B

Stockholders' Equity

$1.3B

Cash & Equivalents

$43M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$396M	$374M	+6.0%
Gross Profit	$160M	$161M	-0.2%
Operating Income	$10M	$29M	-64.2%
Net Income	-$29M	-$100,000	-28800.0%

Revenue Segments

Static Displays

$215M54%

Digital Displays

$89M22%

Transit Franchise Contract

$73M19%

Other

$17M4%

Other Revenues

$2M0%

Geographic Segments

UNITED STATES

$378M96%

CANADA

$18M4%