Clear Channel Outdoor Holdings, Inc. (CCO) Company Bio
Clear Channel Outdoor is one of the world's largest outdoor advertising companies. The company enables advertisers to engage with consumers through innovative advertising solutions. The Company offers a wide range of displays across global platform to meet the advertising needs of its customers. Clear Channel Outdoor Holdings, Inc. was incorporated in 1995 and is based in San Antonio, Texas.
Clear Channel Outdoor Holdings (CCO) is 5.9% lower after revenues were halved and fell short of expectations in its Q2 results. Revenues fell 39% in Americas to $199.7M, while it slipped 63% in Europe, to $107.3M. It notes aggressive measures allowed it to achieve a Q2 goal of operating cost...
Clear Channel Outdoor (CCO) (NYSE: CCO) today announced another industry first as its CCO RADAR suite of solutions now delivers automotive dealers verifiable results that their printed and digital out-of-home (OOH) advertising campaigns drive sales. This technology comes as the wheels begin turning again at auto manufacturers and dealers nationwide, and, as a just released study* shows 62 percent of vacationers plan to travel by car this summer.
Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") announced today that its indirect, wholly-owned subsidiary, Clear Channel International B.V. ("Clear Channel International"), upsized and priced an offering of $375 million aggregate principal amount of 6.625% Senior Secured Notes due 2025 (the "Notes"), an upsize of $25 million over the amount previously announced. The Company anticipates that the closing of the private offering will take place on August 4, 2020, subject to customary closing conditions.