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Clear Channel Outdoor reports Q3 revenue $526.79M, consensus $594.92M
The Fly

Clear Channel Outdoor reports Q3 revenue $526.79M, consensus $594.92M

Reports Q3 adjusted EBITDA $139.2M. “We delivered third quarter consolidated revenue of $517 million, up 2.7%, excluding movements in foreign exchange rates, within our guidance after excluding our Europe-South segment, which is now reflected as discontinued operations in our financial statements,” said Scott Wells, CEO of Clear Channel Outdoor Holdings, Inc. “Business trends are improving domestically, and we believe we’ll see better performance in the U.S. in the fourth quarter.

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