Clear Channel Outdoor Hldgs In Stock Price, News & Analysis

Clear Channel Outdoor (NYSE: CCO) has launched a significant digital billboard campaign across Texas to help locate missing children, partnering with the National Center for Missing and Exploited Children, Texas Center for the Missing, and local police departments. The month-long DOOH campaign spans four major markets: Dallas, El Paso, Houston, and San Antonio. The initiative, coinciding with National Missing Children's Day (May 25), will generate millions of market impressions. The campaign features several cases including Misty Lynn McGinn (Dallas), Jean Gabriel Benitez and Allison Garcia (El Paso), Devine Tollett (Houston), and Nevaeh Woods (San Antonio). Notably, this ongoing partnership has already helped reunite more than 17 Texas children with their families. In 2024, Texas reported 44,783 missing person cases, with 31,864 being juveniles.

Clear Channel Outdoor (NYSE: CCO) and Maricopa County are launching their second annual digital billboard campaign to combat heat-related deaths in Phoenix. Running from May 12th through mid-October 2025, the campaign will promote awareness of 200+ local heat relief sites and the free 24/7 211 information service.

The initiative comes after Maricopa County reported its first decrease in heat-related deaths in a decade, with 602 confirmed deaths in 2024, down from 645 in 2023, despite Phoenix experiencing 113 consecutive days at or above 100°F. The 211 Arizona service provides live operators in English and Spanish from 9 a.m. to 7 p.m. daily, helping residents locate cooling centers, transportation assistance, utility support, and emergency A/C repairs.

Clear Channel Outdoor Holdings (NYSE:CCO) announced that its CEO Scott Wells and CFO David Sailer will participate in the 53rd Annual J.P. Morgan Global Technology, Media and Communications Conference. The presentation is scheduled for Tuesday, May 13, 2025, at 3:50 p.m. Eastern Time. Investors can access both the live audio webcast and replay through Clear Channel Outdoor Holdings' investor website at https://investor.clearchannel.com/.

Clear Channel Outdoor Holdings (NYSE: CCO) has announced an agreement to sell its Brazil business to Publibanca Brasil S.A., an affiliate of Eletromidia S.A., for approximately R$80 million (US$14 million). The transaction, subject to regulatory approval and customary closing conditions, is expected to close in 2025.

The sale represents a strategic move as CCO continues to optimize its portfolio and focus on growing its America and Airports segments. Upon completion, CCO will have divested all of its Latin American businesses. The company plans to use the net proceeds to improve its liquidity position. Moelis & Company LLC served as the financial advisor for CCO's Latin American business sales.

Clear Channel Outdoor (CCO) and the United Service Organizations (USO) have launched a nationwide digital out-of-home media campaign for Military Appreciation Month in May 2025. The campaign, themed "It Starts With You," will be displayed on digital billboards across major markets and airports throughout the United States.

The initiative aims to encourage public support and gratitude for U.S. military service members and their families, highlighting that less than one percent of Americans serve in the military. The campaign emphasizes how individual actions can strengthen service members and their families, with the USO being uniquely positioned to reach service members globally through its programming.

Clear Channel Outdoor Holdings (NYSE: CCO) reported Q1 2025 results with consolidated revenue increasing 2.2% to $334.2M. The company's America segment revenue grew 1.8% to $254.2M, while Airports revenue rose 4.0% to $80.0M. Despite revenue growth, the company posted a net loss from continuing operations of $55.3M, though this was a 20.1% improvement from 2024. The company completed significant international divestitures, selling its Mexico, Peru, and Chile businesses for $34M and its Europe-North segment for $625M. CCO used proceeds to prepay $375M of debt and plans to continue debt reduction. The company maintained its full-year 2025 guidance, projecting consolidated revenue of $1.56-1.61B and improved its loss from continuing operations forecast to ($70M)-($60M).

Clear Channel Outdoor (NYSE: CCO) has announced a strategic partnership introducing large-scale moving out-of-home advertising displays in downtown Chicago via PRU's electric bus fleet. The initiative features a four-bus fleet equipped with state-of-the-art technology, including Wi-Fi, operating along Michigan Avenue and key business districts during peak hours.

The advertising displays target high-value business consumers across prominent locations including Millennium Park, Grant Park, and The Art Institute of Chicago. The service area, Chicago's third-largest DMA, hosts 15 Fortune 500 companies and boasts a significant demographic reach with 23,793 residential population and 284,083 daytime working population according to 2023 Census Estimates.

The partnership offers brands exclusive takeover campaigns on BYD's K9MD all-electric buses, providing unique advertising opportunities in areas with consumer reach options. CCO maintains its position as the exclusive media provider for O'Hare International and Midway airports, as well as Chicago's largest commuter hub at 500 W. Madison Transit Center.

Clear Channel Outdoor Holdings (NYSE: CCO) has scheduled its 2025 first quarter earnings release and conference call. The company will release Q1 2025 results on Thursday, May 1, 2025, before market opens at 7:00 a.m. Eastern Time.

A conference call to discuss the results will be held at 8:30 a.m. Eastern Time. Investors can join via phone at 866-424-3432 (US) or +1 215-268-9862 (international). A live audio webcast will be available on the company's investor relations website, along with earnings materials and reconciliations of non-GAAP to GAAP financial measures.

Clear Channel Outdoor Holdings (NYSE: CCO) has completed the sale of its Europe-North segment to Bauer Radio , a subsidiary of Bauer Media Group, for $625 million. The net cash proceeds received totaled $243 million after prepaying $375 million in CCIBV term loans plus $12 million in accrued interest.

The company plans to use the remaining proceeds to retire the most advantageous debt in its capital structure, aiming to reduce cash interest and increase AFFO. This transaction is part of broader international divestitures totaling $745 million in purchase consideration. CCO remains optimistic about divesting its businesses in Spain and Brazil, citing their strong performances in 2024.