OUT Q1 2024 Earnings — Outfront Media Inc. Revenue & Financial Results | Market Cap Arena

OUTOutfront Media Inc.

$5B

Q1 2024 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$409M+3.2% YoY

Gross Profit

$170M41.6% margin

Operating Income

$14M3.4% margin

Net Income

-$27M-6.7% margin

EPS (Diluted)

$-0.16

QoQ Revenue Growth

-18.5%

Cash Flow

Operating Cash Flow

$31M

Free Cash Flow

$12M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$5.5B

Total Liabilities

$4.9B

Stockholders' Equity

$644M

Cash & Equivalents

$42M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$409M	$396M	+3.2%
Gross Profit	$170M	$160M	+5.9%
Operating Income	$14M	$10M	+37.3%
Net Income	-$27M	-$29M	+5.9%

Revenue Segments

Static Displays

$223M55%

Digital Displays

$94M23%

Transit Franchise Contract

$79M19%

Other

$12M3%

Other Revenues

$300,0000%

Geographic Segments

UNITED STATES

$390M95%

CANADA

$19M5%