Digital InvestmentsDigital investments are a highlight of operations, with the addition of 18 digital billboards in the quarter, enhancing advertiser attractiveness.
Revenue GrowthClear Channel Outdoor reported total company revenues ahead of estimates, offsetting lower contributions from other segments.
U.S. Operations FocusAnalyst reiterates an OUTPERFORM rating due to CCO's attractive market positioning and execution on a plan to focus solely on U.S. operations while prioritizing deleveraging.