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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.
Revenue by Segment
Forward Guidance
No specific forward guidance was provided in the press release.
Revenue & Expenses
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