secwatch.observer — SEC 8-K summary
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Issuer:     OUTFRONT Media Inc. (OUT)
CIK:        0001579877
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001579877-24-000044
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1579877/000157987724000044/0001579877-24-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1579877/000157987724000044/out-20240502.htm
  HTML page:      https://secwatch.observer/filing/0001579877-24-000044

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