OUT Q2 2024 Earnings — Outfront Media Inc. Revenue & Financial Results | Market Cap Arena

OUTOutfront Media Inc.

$5B

Q2 2024 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$477M+1.8% YoY

Gross Profit

$238M49.8% margin

Operating Income

$229M48.0% margin

Net Income

$177M37.0% margin

EPS (Diluted)

$1.00

QoQ Revenue Growth

+16.8%

Cash Flow

Operating Cash Flow

$71M

Free Cash Flow

$47M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$5.3B

Total Liabilities

$4.5B

Stockholders' Equity

$785M

Cash & Equivalents

$50M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$477M	$469M	+1.8%
Gross Profit	$238M	$223M	+6.6%
Operating Income	$229M	-$438M	+152.3%
Net Income	$177M	-$479M	+136.9%

Revenue Segments

Static Displays

$244M51%

Digital Displays

$117M25%

Transit Franchise Contract

$104M22%

Other

$13M3%

Other Revenues

$100,0000%

Geographic Segments

UNITED STATES

$461M97%

CANADA

$16M3%