Clear Channel Outdoor Holdings (CCO) Reports Q4 Revenues Beat

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Go back to Clear Channel Outdoor Holdings (CCO) Reports Q4 Revenues Beat

Clear Channel Outdoor Holdings, Inc. Reports Results For 2019 Fourth Quarter And Full Year

February 27, 2020 6:00 AM EST

SAN ANTONIO, Feb. 27, 2020 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) ("the Company") today reported financial results for the quarter and year ended December 31, 2019.

"2019 was a transformative year for Clear Channel Outdoor," said William Eccleshare, Worldwide Chief Executive Officer of Clear Channel Outdoor Holdings, Inc. "Our priority has been and continues to be capitalizing on the fundamental strength of the out-of-home industry, particularly in the Americas which accounts for about 70% of OIBDAN and delivered 7% revenue, 16% operating income, and 9% OIBDAN growth in 2019.

"In addition, we continue to actively evaluate... More