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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
Outfront Media Revenue by Geographic Location
Forward Guidance
No specific forward guidance was provided in the press release.
Revenue & Expenses
Visualization of income flow from segment revenue to net income