secwatch.observer — SEC 8-K summary
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Issuer:     Clear Channel Outdoor Holdings, Inc. (CCO)
CIK:        0001334978
Form:       8-K
Filed at:   2024-08-07T23:59:59+00:00
Accession:  0001334978-24-000018
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clear Channel Outdoor Q2 revenue up 5.2% to $559M; raises full-year guidance
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- Consolidated revenue $558.5M (+5.2% YoY); loss from continuing ops $48.3M (loss increased 24.5% YoY).
- Adjusted EBITDA $142.9M (flat YoY); America segment $127.0M (-2%), Europe-North $32.6M (+24.5%).
- Airports revenue $86.2M (+21.4%); Europe-North revenue $164.7M (+9.9% ex-FX).
- Full-year 2024 guidance raised: revenue $2.215-$2.275B, Adjusted EBITDA $560-$590M, AFFO $90-$110M.
- Q3 2024 revenue guidance $542-$567M; America $287-$297M, Airports $79-$84M, Europe-North $157-$167M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1334978/000133497824000018/0001334978-24-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1334978/000133497824000018/cco-20240807.htm
  HTML page:      https://secwatch.observer/filing/0001334978-24-000018

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