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Stock impact report

Clear Channel Outdoor Holdings Inc Reports Double-Digit Revenue Growth in Q4 2023 [Yahoo! Finance]

Clear Channel Outdoor Holdings, Inc. (CCO) 
Company Research Source: Yahoo! Finance
Adjusted EBITDA : $190.0 million in Q4, a 9.2% increase year-over-year. America Segment Revenue : Slight increase to $298.5 million, up 0.5%. Airports Segment Revenue : Significant increase to $111.2 million, up 44.3%. Europe-North Segment Revenue : Increased to $191.8 million, up 17.8%. Discontinued Operations : Sales of businesses in Switzerland, Italy, and France completed or expected. Warning! GuruFocus has detected 8 Warning Signs with CCO. On February 26, 2024, Clear Channel Outdoor Holdings Inc ( NYSE:CCO ) released its 8-K filing , detailing the financial outcomes for the fourth quarter and full year of 2023. The company, a global leader in outdoor advertising, operates through segments including America, Airports, and Europe-North, with the majority of its revenue stemming from the America segment, primarily from billboard displays. The fourth quarter saw a robust 12.4% increase in consolidated revenue, reaching $632.1 million, with a notable 10.8% rise when ex Show less Read more
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