Clear Channel Outdoor Holdings Reports Results for 2017 Third Quarter
San Antonio, Texas - November 8, 2017 - Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) today reported financial results for the third quarter ended September 30, 2017.
“Our Outdoor businesses continue to build out our digital footprint worldwide,” said Bob Pittman, Chairman and Chief Executive Officer of Clear Channel Outdoor Holdings, Inc. “At the same time, we are focused on enhancing our automated ad-buying, data analytics and attribution capabilities to generate improved results for our advertising and marketing partners.”
Rich Bressler, Chief Financial Officer of Clear Channel Outdoor Holdings, Inc. said: “Our consolidated results decreased in the third quarter. However, revenue increased, after adjusting for the impact from foreign exchange and certain businesses we sold. We continue to be committed to financial discipline as we invest in data, programmatic and attribution to grow our businesses.”