Welcome to our dedicated page for Outfront Media news (Ticker: OUT), a resource for investors and traders seeking the latest updates and insights on Outfront Media stock.
Outfront Media Inc (OUT) is a leading real estate investment trust specializing in out-of-home advertising, offering investors and industry professionals timely updates on its market activities. This page serves as a centralized hub for official announcements, financial disclosures, and strategic developments impacting the company’s position in the advertising sector.
Access curated press releases covering quarterly earnings, new partnerships, technological advancements in digital displays, and portfolio expansions. Investors will find essential updates on dividend declarations, capital allocation strategies, and operational milestones that shape OUT’s performance in the REIT landscape.
Discover insights into Outfront Media’s innovations in programmatic advertising platforms, transit advertising contracts, and sustainability initiatives. Content is organized to help users efficiently track regulatory filings, leadership changes, and market expansion efforts across major urban centers.
Bookmark this page for direct access to verified information from Outfront Media and third-party analyses. Check regularly to stay informed on evolving trends in outdoor advertising and the company’s role in shaping industry standards through data-driven solutions.
OUTFRONT Media Inc. reported Q1 2022 revenues of $373.5 million, a 44% year-over-year increase. Billboard revenues rose 33.4% to $298.2 million, benefiting from high demand as COVID-19 restrictions eased. Operating income improved to $28.5 million, up from a loss of $31 million in Q1 2021. The company posted a net loss of $0.1 million, significantly better than last year's $67.7 million. Adjusted OIBDA increased to $70.2 million. A dividend of $0.30 per share will be payable on June 30, 2022.
OUTFRONT Media Inc. (NYSE: OUT) has declared a quarterly cash dividend of $0.30 per share, payable on June 30, 2022, to shareholders of record on June 3, 2022. This announcement highlights the company's ongoing commitment to returning value to its shareholders. OUTFRONT Media operates one of the largest billboard and transit advertising networks in North America, leveraging technology and creativity to connect brands with consumers effectively.
OUTFRONT Media Inc. (NYSE: OUT) will announce its fiscal Q1 2022 results on May 2, 2022, after market close. The earnings will be available on the company's website. A conference call to discuss these results is scheduled for the same day at 4:30 p.m. ET, accessible via numbers 800-263-0877 (U.S.) and 646-828-8143 (International), with the passcode 3050946. The call will also be webcast live and available for replay on the company’s website.
Clinch has partnered with OUTFRONT Media (NYSE:OUT) to enhance digital-out-of-home (DOOH) advertising through dynamic creative optimization. This collaboration allows brands to execute contextually relevant campaigns on OUTFRONT's digital boards, which exceed 1,200 locations across 42 markets. The innovative platform enables retailers and brands to easily incorporate product feeds and personalize ads based on various factors like availability and location. This partnership aims to streamline the advertising process, making DOOH as efficient and flexible as other digital channels.
OUTFRONT Media Inc. (NYSE: OUT) announced that CEO Jeremy Male will present at the 2022 Deutsche Bank Media, Internet & Telecom Conference on March 15, 2022, at 9:35 a.m. Eastern Time. A live and replay audio webcast will be available on the company's investor relations website. OUTFRONT Media is known for its extensive billboard, transit, and mobile advertising assets in North America, aimed at connecting brands with consumers through innovative technology and creative solutions.
OUTFRONT Media Inc. (NYSE: OUT) reported that Providence Equity Partners has converted all 275,000 shares of Series A Convertible Perpetual Preferred Stock into 17,388,024 shares of common stock, effective March 1, 2022. This strategic move reflects confidence in OUTFRONT's business execution and value creation for stakeholders. CEO Jeremy Male expressed satisfaction with the conversion, noting the improved stock performance and enhanced shareholder engagement. Providence's continued involvement ensures a strong partnership moving forward.
OUTFRONT Media Inc. (NYSE:OUT) has launched its inaugural MOMENTS campaign in collaboration with FreshDirect, a leading online grocer, targeting consumers on the New York City Subway. The campaign includes video segments showcasing seasonal recipes and utilizes QR codes for easy ingredient purchases. Additionally, dynamically changing ads powered by Tomorrow.io provide real-time weather updates paired with relevant recipes. This innovative approach aims to engage over 3 million Subway riders weekly and will run until the end of the month.
OUTFRONT Media reported a robust performance for Q4 and the full year 2021, with revenues up 38% in Q4 to $464.5 million, driven by billboard and transit segments. Full-year revenue reached $1,463.9 million, a 18.4% increase. Adjusted OIBDA also rose significantly, exceeding 2019 levels. The company will raise its quarterly dividend to $0.30 per share, reflecting confidence in continued growth. However, concerns remain regarding the lingering effects of COVID-19 on advertising demand and revenue stability in the coming year.
OUTFRONT Media Inc. (NYSE: OUT) has declared a quarterly cash dividend of $0.30 per share. This dividend is scheduled for payment on March 31, 2022, to shareholders recorded by the close of business on March 4, 2022. The company leverages technology and creative strategies to connect brands with consumers through extensive billboard and mobile advertising assets across North America.
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