secwatch.observer — SEC 8-K summary
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Issuer:     Clear Channel Outdoor Holdings, Inc. (CCO)
CIK:        0001334978
Form:       8-K
Filed at:   2023-04-17T23:59:59+00:00
Accession:  0001334978-23-000008
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clear Channel Outdoor recasts 2022 quarterly and 2019 annual segment data under new reporting structure
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- New segments: America, Airports, Europe-North, Europe-South, and Other.
- 2022 full-year revenue: America $1,105.6M, Airports $256.4M, Europe-North $566.1M, Europe-South $467.1M, Other $85.3M.
- 2022 full-year Segment Adjusted EBITDA: America $499.4M, Airports $60.9M, Europe-North $103.7M, Europe-South $15.2M, Other $12.3M.
- 2019 annual consolidated revenue $2.68B; Segment Adjusted EBITDA $725.1M.
- Digital revenue penetration in America rose from 31.5% (Q1 2022) to 37.5% (Q4 2022).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1334978/000133497823000008/0001334978-23-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1334978/000133497823000008/cco-20230417.htm
  HTML page:      https://secwatch.observer/filing/0001334978-23-000008

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer