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Jun 30, 2024
Outfront Media Q2 2024 Earnings Report
Reported second quarter 2024 results, including revenue of $477.3 million and net income of $176.8 million.
Key Takeaways
OUTFRONT Media reported revenues of $477.3 million and net income of $176.8 million for the second quarter of 2024. The U.S. Media business showed solid growth with revenue up 4% and Adjusted OIBDA up nearly double that. The sale of the Canadian business was completed in June, resulting in a focused domestic U.S. business.
Revenues increased to $477.3 million, up 1.8% compared to the same period last year.
Operating income was $229.1 million.
Net income attributable to OUTFRONT Media Inc. was $176.8 million.
Adjusted OIBDA increased to $126.0 million, up 3.1% compared to the same period last year.
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