Clear Channel Outdoor Holdings, Inc. Reports Results For 2020 First Quarter

Go back to Clear Channel Outdoor Holdings, Inc. Reports Results For 2020 First Quarter

Clear Channel Outdoor Holdings (CCO) Reports Q1 Revenues Miss

May 6, 2020 6:17 AM EDT

Clear Channel Outdoor Holdings (NYSE: CCO) reported Q1 revenue for the quarter came in at $550.81 million versus the consensus estimate of $552.97 million.

"Like so many businesses across the world, we have found ourselves operating in an unprecedented environment, and our Q1 earnings were significantly impacted by the COVID-19 pandemic," said William Eccleshare, Worldwide Chief Executive Officer of Clear Channel Outdoor Holdings, Inc. "Whilst we can't predict the full economic consequences of this global issue, our priority as a business remains the same as it always has been: to take care of our... More