OUT Q3 2023 Earnings — Outfront Media Inc. Revenue & Financial Results | Market Cap Arena

OUTOutfront Media Inc.

$5B

Q3 2023 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$455M+0.2% YoY

Gross Profit

$215M47.3% margin

Operating Income

$59M12.9% margin

Net Income

$17M3.7% margin

EPS (Diluted)

$0.09

QoQ Revenue Growth

-3.0%

Cash Flow

Operating Cash Flow

$62M

Free Cash Flow

$43M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$5.6B

Total Liabilities

$4.8B

Stockholders' Equity

$710M

Cash & Equivalents

$44M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$455M	$454M	+0.2%
Gross Profit	$215M	$221M	-2.8%
Operating Income	$59M	$74M	-21.1%
Net Income	$17M	$41M	-58.3%

Revenue Segments

Static Displays

$243M53%

Digital Displays

$108M24%

Transit Franchise Contract

$89M20%

Other

$12M3%

Other Revenues

$2M0%

Geographic Segments

UNITED STATES

$431M95%

CANADA

$24M5%