OUT Q2 2023 Earnings — Outfront Media Inc. Revenue & Financial Results | Market Cap Arena

OUTOutfront Media Inc.

$5B

Q2 2023 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$469M+4.1% YoY

Gross Profit

$223M47.5% margin

Operating Income

-$438M-93.5% margin

Net Income

-$479M-102.2% margin

EPS (Diluted)

$-2.90

QoQ Revenue Growth

+18.4%

Cash Flow

Operating Cash Flow

$78M

Free Cash Flow

$56M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$5.6B

Total Liabilities

$4.8B

Stockholders' Equity

$740M

Cash & Equivalents

$42M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$469M	$450M	+4.1%
Gross Profit	$223M	$224M	-0.4%
Operating Income	-$438M	$80M	-648.4%
Net Income	-$479M	$48M	-1097.7%

Revenue Segments

Static Displays

$245M52%

Digital Displays

$114M24%

Transit Franchise Contract

$95M20%

Other

$13M3%

Other Revenues

$2M0%

Geographic Segments

UNITED STATES

$445M95%

CANADA

$24M5%