OUTFRONT Media Q1 revenue $408.5M, adj OIBDA $66.5M, net loss narrows to $27.2M

OUTFRONT Media Inc.

2024-Q1 EPS reported -$0.18 revenue$408,500,000

Revenue $408.5M, up 3% YoY and organically $408.5M.
Operating income $14.0M vs $10.2M; net loss $27.2M ($0.18 per share) vs $28.9M.
Adjusted OIBDA $66.5M (+10% YoY); AFFO $23.2M vs $8.8M.
Quarterly dividend declared at $0.30/share, payable June 28 to holders of record June 7.
CEO cites strong local trends and transit growth continuing into Q2.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

OUTFRONT Media Inc. reported first quarter ended March 31, 2024 results: revenue $408.5 million, net income Net loss attributable to OUTFRONT Media Inc. of $27.2 million, EPS ($0.18).

Period: first quarter ended March 31, 2024
Revenue: $408.5 million
Net income: Net loss attributable to OUTFRONT Media Inc. of $27.2 million
EPS: ($0.18)
Result: reported results

Exact text from the filing

Act, except as shall be expressly set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- OUTFRONT Media Reports First Quarter 2024 Results Revenues of $408.5 million Operating income of $14.0 million Net loss attributable to OUTFRONT Media Inc. of $27.2 million Adjusted OIBDA of $66.5 million AFFO attributable to OUTFRONT Media Inc. of $23.2

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Source: SEC EDGAR

accession 0001579877-24-000044

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