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home / news releases / CCO - Clear Channel Outdoor reports Q4 results; initiates Q1 and FY23 outlook

CCO - Clear Channel Outdoor reports Q4 results; initiates Q1 and FY23 outlook

Clear Channel Outdoor Holdings Inc. Class A
  • Clear Channel Outdoor press release ( NYSE: CCO ): Q4 net income of $98.69M.
  • Revenue of $709.2M (-4.5% Y/Y) beats by $3.7M .
  • We anticipate having approximately $413.0 million and $398.5 million of cash interest payment obligations in 2023 and 2024, respectively.
  • Guidance: Q1 Consolidated Revenue of $540M-$565M vs $547.52M consensus.
  • FY 23 Consolidated Revenue of $2,575M-$2,700M vs $2.58B consensus; Adjusted Funds from Operations of $75M-$125M; Adjusted EBITDA of $540M-$600M.

For further details see:

Clear Channel Outdoor reports Q4 results; initiates Q1 and FY23 outlook
Stock Information
Company Name: Clear Channel Outdoor Holdings Inc. Class A
Stock Symbol: CCO
Market: NYSE
Website: clearchanneloutdoor.com
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