Clear Channel Outdoor Holdings, Inc. Reports Results for 2018 First Quarter

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Clear Channel Outdoor Holdings (CCO) Reports Q1 Revenue Miss

May 22, 2018 6:17 AM EDT

Clear Channel Outdoor Holdings (NYSE: CCO) reported Q1 EPS of $, versus $0.04 reported last year. Revenue for the quarter came in at $598.71 million versus the consensus estimate of $729.13 million.

The investments we continue to make in both the Americas and International businesses to enhance our global network are benefiting our marketing and advertising partners and generating results, said Bob Pittman, Executive Chairman and Chief Executive Officer of Clear Channel Outdoor Holdings, Inc. In the first... More