OUTFRONT Media Inc. operates an out-of-home media business built around billboard and transit advertising displays. Company updates commonly cover revenue, OIBDA, AFFO, net income, SG&A trends and segment performance in its Billboard and Transit businesses, including yield, lost displays, condemnation proceeds and the role of programmatic and direct-sale platforms in digital billboard revenue.
News also includes common-stock dividend declarations, executive conference appearances and commercial partnerships tied to planning, buying, measuring and executing out-of-home campaigns. OUTFRONT describes a nationwide U.S. footprint across billboards, digital displays, transit systems and other out-of-home formats, supported by OUTFRONT STUDIOS, XLabs and advertising technology and data tools.
OUTFRONT Media Inc. (NYSE: OUT) announced that its CEO, Jeremy Male, will present at the Goldman Sachs 29th Annual Communacopia Conference on Wednesday, September 16, 2020, at 2:55 p.m. Eastern Time. A live and replay audio webcast of the session will be accessible on the company's investor relations website. OUTFRONT Media utilizes technology and creativity to connect brands with consumers through a diverse range of billboard, transit, and mobile assets across North America.
OUTFRONT Media Inc. (NYSE: OUT) has launched 'MOMENTS by OUTFRONT,' a new content platform aimed at enhancing commuter experiences in New York City. The initiative provides engaging editorial-style content specifically designed for subway riders, featuring partnerships with notable brands like Tennis Channel and MoMA. This platform incorporates creative advertising and real-time updates, utilizing OUTFRONT's advanced digital capabilities. MOMENTS will include various content categories such as sports, art, and weather, with plans for further nationwide expansion.
OUTFRONT Media Inc. (NYSE: OUT) is hosting its second annual OUTFRAME competition, inviting artists to submit works based on the theme 'out of love.' The contest, which emphasizes creativity and social impact, aims to showcase these artworks on digital billboards across the U.S. in November. The winner will receive a month-long digital out-of-home (OOH) campaign for a charity of their choice. A panel of esteemed judges, including last year's winner Ryan Artell and Peter Tunney, will evaluate submissions. Entries can be submitted through the competition's official website.
OUTFRONT Media reported second quarter 2020 revenues of $232.9 million, a 49.4% decline from $459.9 million in Q2 2019, primarily due to COVID-19's impact on advertising. Operating income fell to a loss of $25.9 million, with net loss attributable to the company at $57.9 million, compared to a profit of $50.3 million in the same period last year. Adjusted OIBDA decreased 84.9% to $21.7 million. Liquidity remains strong with $647.8 million in cash. The company suspended its quarterly dividend to preserve financial flexibility amid challenging market conditions.
OUTFRONT Media Inc. (NYSE: OUT) announced that Matthew Siegel, Executive Vice President & Chief Financial Officer, will present at the Oppenheimer 23rd Annual Technology, Internet & Communications Conference on August 11, 2020, at 8:50 a.m. Eastern Time. A live audio webcast will be available on the company's investor relations website. OUTFRONT Media connects brands with consumers through diverse billboard, transit, and mobile advertising assets across North America, utilizing technology to enhance audience engagement.
OUTFRONT Media Inc. (NYSE: OUT) will announce its quarterly results for the period ending June 30, 2020, after market close on August 5, 2020. Investors can access the earnings announcement via the Investor Relations page on its website, www.OUTFRONTmedia.com. A conference call will take place on the same day at 4:30 p.m. ET, with dial-in numbers for U.S. and international callers provided. The call will also be available through a live and replay webcast on the company’s site.