CCO
Clear Channel Outdoor Holdings, Inc.1.9900
-0.0100-0.5%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
989.64MP/E (TTM)
-Basic EPS (TTM)
-0.21Dividend Yield
0%Recent Filings
10-Q
8-K
8-K
Investor Day unveils 2028 goals
Clear Channel Outdoor Holdings hosted its Investor Day on September 9, 2025, unveiling a four-pillar strategy emphasizing customer focus, tech acceleration, sales execution, and balance sheet strength to fuel U.S. growth. The company reiterated 2025 guidance of $1.57-$1.60 billion revenue and $490-$505 million Adjusted EBITDA, while targeting 4-5% revenue CAGR and 6-8% Adjusted EBITDA CAGR through 2028, alongside $1 billion net debt reduction to a 7-8x leverage ratio. This positions the streamlined platform for sustainable cash flow. Yet economic uncertainty looms large.
8-K
Spain business sale announced
Clear Channel Outdoor Holdings announced a definitive agreement on September 8, 2025, to sell its Spain business to Atresmedia for EUR 115 million (approximately USD 135 million), with closure expected by early 2026 pending regulatory approval. The divestiture completes the exit from European operations, enabling debt reduction and sharper focus on America and Airports segments. This milestone strengthens the balance sheet amid ongoing economic uncertainties.
8-K
Q2 revenue up 7%, debt extended
Clear Channel Outdoor Holdings reported Q2 2025 revenue of $402.8 million, up 7.0% year-over-year, driven by 4.4% growth in America and 15.6% in Airports, with digital revenue surging 11.1% and 31.5% respectively. Adjusted EBITDA rose 7.7% to $128.6 million, while AFFO jumped 75.9% to $27.8 million. Post-quarter, the company refinanced $2.05 billion in notes, extending maturities to 2031 and 2033 and pushing the nearest due date to 2028. Debt reduction hit $605 million year-to-date. Full-year revenue guidance holds at $1.57-1.60 billion, with AFFO eyed at $75-85 million. Solid bookings signal steady cash flow ahead.
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