secwatch.observer — SEC 8-K summary
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Issuer:     OUTFRONT Media Inc. (OUT)
CIK:        0001579877
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001579877-23-000075
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OUTFRONT Media Q2 net loss $478.9M on $511.4M impairment; revenues up 4%
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- Revenues $468.8M, up 4% YoY; organic revenues $465.0M.
- Operating loss $438.2M includes $511.4M impairment on U.S. Transit and Other.
- Net loss attributable to OUTFRONT $478.9M ($2.92 loss per share).
- Adjusted OIBDA $122.2M vs $125.3M YoY; AFFO $78.0M vs $93.2M.
- Dividend maintained at $0.30/share, payable Sept 29 to holders of record Sept 1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1579877/000157987723000075/0001579877-23-000075-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1579877/000157987723000075/out-20230803.htm
  HTML page:      https://secwatch.observer/filing/0001579877-23-000075

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