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An update from Clear Channel Outdoor ( (CCO) ) is now available.
Clear Channel Outdoor Holdings, Inc. reported a 6.1% revenue increase in Q3 2024, driven by improved national advertising sales and digital initiatives. The company secured a significant 15-year contract for roadside advertising with New York MTA, aiming to broaden their revenue base. Despite a net loss from continuing operations, Clear Channel remains committed to its strategic plan to enhance cash flow and reduce leverage, projecting steady growth for the year.
See more data about CCO stock on TipRanks’ Stock Analysis page.
