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Mar 31, 2022
Clear Channel Q1 2022 Earnings Report
Reported strong operating performance driven by broad-based demand from advertisers across markets and considerable strength in digital footprint.
Key Takeaways
Clear Channel Outdoor Holdings, Inc. reported a strong first quarter of 2022 with revenue up 41.7% to $525.7 million. The growth was driven by broad-based demand from advertisers and strength in the digital footprint. The company is continuing to innovate and leverage technology investments.
Revenue increased by 41.7% compared to the same period last year.
Growth was driven by demand from advertisers across markets and strength in the digital footprint.
The company is focused on optimizing its portfolio by evaluating strategic alternatives for its European business.
Americas revenue was up 39.3% and Europe revenue was up 45.2%.
Revenue by Segment
Forward Guidance
The company expects consolidated revenue between $655 million and $675 million, Americas revenue between $340 million and $350 million, and Europe revenue between $300 million and $310 million for the second quarter of 2022, excluding movements in FX. Consolidated capital expenditures for the full year of 2022 are expected to be between $195 million and $215 million, excluding movements in FX.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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