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Mar 31, 2024
Outfront Media Q1 2024 Earnings Report
Reported a mixed performance with revenue increase offset by a net loss.
Key Takeaways
OUTFRONT Media reported a revenue increase of 3.2% to $408.5 million for Q1 2024. However, the company experienced a net loss of $27.2 million, although this was a slight improvement compared to the $28.9 million loss in the same period last year. Adjusted OIBDA increased by 10.5% to $66.5 million.
Total revenue increased by 3.2% to $408.5 million.
Organic revenues also increased by 3.2%.
Adjusted OIBDA increased by 10.5% to $66.5 million.
Net loss attributable to OUTFRONT Media Inc. decreased by 5.9% to $27.2 million.
Outfront Media
Outfront Media
Outfront Media Revenue by Segment
Revenue by Segment
Billboard Revenue
CapyFin.comTransit Revenue
CapyFin.comOther Revenue
CapyFin.com Forward Guidance
No specific forward guidance was provided in the press release.
Revenue & Expenses
Visualization of income flow from segment revenue to net income