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Clear Channel Outdoor Holdings reported a slight decrease in consolidated revenue for Q4 2019, but experienced growth in the Americas region. The company is focused on improving its capital structure and investing in technology to drive growth.
Consolidated revenue decreased by 0.3%, but increased by 1.0% when adjusted for foreign exchange rates.
Americas revenue increased by 4.5%, driven by digital revenue growth.
International revenue decreased by 4.1%, impacted by weakening economic conditions in China.
Operating income decreased by 2.4% to $113.6 million.
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