secwatch.observer — SEC 8-K summary
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Issuer:     Clear Channel Outdoor Holdings, Inc. (CCO)
CIK:        0001334978
Form:       8-K
Filed at:   2023-08-07T23:59:59+00:00
Accession:  0001334978-23-000018
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clear Channel Outdoor Q2 revenue $637M down 1%; net loss narrows to $37M
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- Consolidated revenue $637.2M, down 1.0% YoY; Adjusted EBITDA $146.3M, down 10.9%.
- Net loss improved to $36.6M from ~$65.4M in Q2 2022; America revenue +0.9%, Airports +16.3%.
- Sold Switzerland (March 2023) and Italy (May 2023); Spain sale ($64.3M) expected close 2024; France exclusive discussions.
- Q3 2023 revenue guidance $570-600M; full-year 2023 revenue guidance $2,465-2,535M (both ex-FX).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1334978/000133497823000018/0001334978-23-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1334978/000133497823000018/cco-20230807.htm
  HTML page:      https://secwatch.observer/filing/0001334978-23-000018

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