Welcome to our dedicated page for Clear Channel Outdoor Hldgs In news (Ticker: CCO), a resource for investors and traders seeking the latest updates and insights on Clear Channel Outdoor Hldgs In stock.
Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) generates news as an out-of-home advertising company focused on digital displays, airport media and roadside billboards. Company news often highlights how its dynamic advertising platform combines digital billboards, data analytics and programmatic capabilities to deliver measurable campaigns for advertisers.
News updates for CCO include announcements about airport advertising contracts and media transformations. For example, the company’s Airports Division has reported new and extended agreements, such as an eight-year partnership to develop a digitally driven media network at Hollywood-Burbank Airport and a long-term contract renewal with the Metropolitan Washington Airports Authority covering Reagan National and Dulles airports, with plans to increase digital coverage and introduce new digital formats.
Investors and industry followers can also find earnings-related press releases, such as quarterly results that discuss revenue trends in the America and Airports segments, digital revenue performance and updates on the company’s growth strategy. Additional coverage includes financing activities, such as private offerings of senior secured notes and debt repurchase updates, which the company describes in detail through its communications and SEC filings.
Clear Channel Outdoor’s news flow also features collaborations with nonprofit and community organizations that use its media network for public service and awareness campaigns. Recent examples include partnerships with The King Center, Blood Cancer United and the Afterschool Alliance, where CCO’s digital billboards and other displays are used to amplify messages around civil rights, health and education. For ongoing information about CCO’s contracts, financial disclosures, partnerships and corporate events, this news page aggregates the latest company-issued updates.
Clear Channel Outdoor Americas (CCOA) has appointed Chris Pezzello as the new president of its Chicago market, responsible for operations across sales, marketing, and finance. With over 26 years of experience, Pezzello aims to enhance revenue growth and strengthen relationships with clients and municipalities. CCOA's digital transformation positions it well to capitalize on growth opportunities in the Out-of-Home (OOH) sector. The company reaches 91% of the DMA 18+ population weekly, with over 7 million passengers at O'Hare International Airport monthly.
Clear Channel Outdoor Holdings, Inc. (CCO) held its inaugural Investor Day on September 8, 2022, presenting its long-term strategy to enhance its competitive position in the out-of-home advertising sector. The firm detailed its technology investments and expanded financial disclosures for the Americas segment, aiming for a revenue range of $2.6 billion to $2.635 billion for 2022. Key strategic priorities include accelerating digital transformation and improving operational efficiency. Despite reaffirming guidance, the company expects a consolidated net loss between $150 million and $123 million for the full year.
Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) announced that CFO Brian Coleman will present at the Deutsche Bank Leveraged Finance Conference on September 20, 2022, at 9:20 a.m. MST. The presentation will be available via live audio webcast and can be accessed on their investor website. Clear Channel Outdoor is a leader in the out-of-home advertising industry, utilizing digital billboards and data analytics to enhance advertising effectiveness, reaching millions of consumers through over 500,000 displays across 25 countries.
Clear Channel Outdoor Holdings (NYSE: CCO) announced that CEO Scott Wells will participate in a fireside chat at the Goldman Sachs Communacopia Conference on September 14, 2022, at 3 p.m. PT. Investors can tune in via a live audio webcast available on the company's investor website, which will remain accessible for 30 days post-event. Clear Channel Outdoor is a leader in the out-of-home advertising industry, known for its expansion of digital advertising and data-driven solutions that enhance campaign effectiveness across 500,000 displays in 25 countries.
The Port Authority of New York and New Jersey and Clear Channel Airports announced a new all-digital media network at LaGuardia's Terminal C, part of a broader modernization effort across major airports. The contract, signed in November 2020, focuses on enhancing advertising infrastructure with over 95% of the investment going into digital displays. Key features include large LED displays and video walls, designed to captivate travelers as air travel rebounds. This initiative aims to improve the advertising environment as business and leisure travel increase, creating opportunities for brands to engage with passengers.
Clear Channel Outdoor Holdings (NYSE: CCO) will hold its inaugural Investor Day on September 8, 2022, in New York City, starting at 9:00 a.m. Eastern Time. The event features presentations from CEO Scott Wells and CFO Brian Coleman, focusing on the company’s strategy, financial outlook, and technology's role in transforming the business. A live webcast will be available on the Investor Relations Website, with a replay to follow. This event marks a significant step in enhancing financial transparency and engaging stakeholders in the company's future plans.
Clear Channel Outdoor Holdings reported a strong second quarter for 2022, with consolidated revenue surpassing expectations. Revenue in the Americas rose by 27.4% to $346.1 million, while Europe saw a 13.4% increase, reaching $280.3 million. Notably, revenue excluding foreign exchange effects grew by 27.8% to $315.8 million in Europe. The company is focused on optimizing its European assets and expects third-quarter consolidated revenue between $625 million and $645 million.
AdQuick.com has partnered with Clear Channel Outdoor (CCO) to automate outdoor inventory selection, allowing for real-time data on printed and digital display availability. This collaboration aims to enhance the efficiency of Out-of-Home (OOH) advertising campaigns, enabling marketers to make quick and informed decisions. Matthew O'Connor, CEO of AdQuick, highlights the need for marketing agility in today's fast-paced environment. The partnership reflects CCO's commitment to integrating digital capabilities to meet client needs and streamline media buying processes.
Clear Channel Outdoor Holdings, Inc. (CCO) announced the release of its 2022 second quarter results on August 9, 2022, before market open at 7:00 a.m. ET. A conference call will follow at 8:30 a.m. ET to discuss the results. Investors can connect via the designated conference call numbers or through a live audio webcast available on the Company's website. Relevant earnings materials will be accessible online post-release, providing insights into financial metrics and performance measures.
Clear Channel Airports (CCA) has launched a cutting-edge digital advertising program in partnership with Signature Flight Support, aimed at reaching high-net-worth air travelers in private aviation terminals across major U.S. cities like New York, Los Angeles, Miami, and Chicago. This initiative follows a March 2020 agreement for a five-year exclusivity in advertising at over 130 private terminals. The digital network features advanced LED displays and custom messaging capabilities, enhancing brand engagement and offering advertisers valuable ROI opportunities.