secwatch.observer — SEC 8-K summary
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Issuer:     Clear Channel Outdoor Holdings, Inc. (CCO)
CIK:        0001334978
Form:       8-K
Filed at:   2026-05-06T23:59:59+00:00
Accession:  0001334978-26-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clear Channel Q1 rev up 11.9% to $374M; Adj EBITDA up 31%; pending $2.43/sh merger vote May 12
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- Q1 revenue $373.9M (+11.9% YoY); America +9.6%, Airports +19.1%; digital revenue up 10.7% and 20%.
- Consolidated net loss $48.0M (prior year net income $63.2M incl $139.6M gain); Adj EBITDA $103.8M (+31%).
- Pending take-private at $2.43/sh cash; special meeting May 12; HSR cleared; expected close Q3 2026.
- Next debt maturities 2028: $899.3M 7.75% notes and $425M term loan; cash interest ~$308M remainder 2026.
- No earnings call or guidance due to pending merger; corporate expenses up 55.8% on non-recurring insurance proceeds.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1334978/000133497826000017/0001334978-26-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1334978/000133497826000017/cco-20260506.htm
  HTML page:      https://secwatch.observer/filing/0001334978-26-000017

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