secwatch.observer — SEC 8-K summary
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Issuer:     Clear Channel Outdoor Holdings, Inc. (CCO)
CIK:        0001334978
Form:       8-K
Filed at:   2024-10-31T23:59:59+00:00
Accession:  0001334978-24-000028
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CCO Q3 revenue up 6.1% to $559M; tightens FY guidance; wins 15-year MTA contract
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- Q3 consolidated revenue $559M (+6.1% YoY); America +5%, Airports +9%, Europe-North +11.4%.
- Net loss from continuing ops narrowed to $31.5M from $38.3M; Adj. EBITDA $142.8M (+2.6%).
- FY2024 guidance: revenue $2.22-2.25B, Adj. EBITDA $560-580M, AFFO $90-105M.
- Secured 15-year contract with NY MTA for roadside advertising assets, effective Nov 1, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1334978/000133497824000028/0001334978-24-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1334978/000133497824000028/cco-20241031.htm
  HTML page:      https://secwatch.observer/filing/0001334978-24-000028

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