SPY421.97-0.14 -0.03%
DIA338.65-2.11 -0.62%
IXIC14,161.35+121.67 0.87%

BRIEF-Clear Channel Reports Q1 Revenue Of $211.9 Mln

05/10/2021 07:16
BRIEF-Clear Channel Reports Q1 Revenue Of $211.9 Mln

- Clear Channel Outdoor Holdings Inc CCO.N:

  • CLEAR CHANNEL OUTDOOR HOLDINGS, INC. REPORTS RESULTS FOR 2021 FIRST QUARTER

  • Q1 REVENUE $211.9 MILLION VERSUS $295.8 MILLION

  • Q1 REVENUE ESTIMATE $370.4 MILLION -- REFINITIV IBES DATA

  • FOR Q2, EXPECT AMERICAS REVENUE TO BE BETWEEN $265 MILLION AND $275 MILLION

  • EXCLUDING IMPACT OF MOVEMENTS IN FOREIGN EXCHANGE RATES, EXPECT 2021 EUROPE REVENUE TO BE $200 MILLION-$220 MILLION

  • QTRLY CONSOLIDATED NET LOSS WAS $333.5 MILLION VERSUS $289.2 MILLION

Source text for Eikon: ID:nPn3rtYPca

Further company coverage: CCO.N


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