Clear Channel Outdoor Holdings Inc. recently released its financial report for the last quarter of 2018 and the entire year. The report revealed a boost in Americas outdoor advertising of $28.3 million in 2018, according to a press release.
The company saw a consolidated revenue increase by 2.6 percent in the fourth quarter and 5.1 percent in 2018. Other findings include:
"We believe the steps we have taken to strengthen Clear Channel Outdoor's operations through the investments in our strategic initiatives and our financial discipline led to the strong results this year and the recent successful refinancing of the $2.2 billion of Senior Subordinated Notes," Rich Bressler, CFO, Clear Channel Outdoor, said in the release.
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Privacy PolicySeptember 9-11, 2024 | Charlotte, NC