OUTFRONT Media Q2 revenue $341M, beats expectations; resumes quarterly dividend at $0.10/share

OUTFRONT Media Inc.

2021-Q2 EPS reported -$0.57 revenue$600,200,000

Q2 2021 revenue $341.0M, up 46% vs Q2 2020; organic revenue up 53%.
Operating income $29.1M vs loss of $25.9M a year ago; adjusted OIBDA $70.0M, up ~5x YoY.
Net loss attributable to OUTFRONT Media of $0.9M ($0.05 per diluted share), improved from loss of $57.9M.
AFFO returned positive at $39.6M, vs negative $21.3M in Q2 2020.
Board declares quarterly dividend of $0.10/share, payable Sept 30, 2021 to holders of record Sept 3, 2021.

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