Clear Channel Outdoor Holdings, Inc. Reports Results For 2016 Second Quarter
SAN ANTONIO, Texas - August 4, 2016 - Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) today reported financial results for the second quarter ended June 30, 2016.
“We continue to benefit from our strategic initiatives to streamline our Americas and International outdoor businesses and to build out our digital capabilities,” said Bob Pittman, Chairman and Chief Executive Office of Clear Channel Outdoor Holdings, Inc. “Our investments in innovative digital technologies and our ability to win new contracts to secure prime display locations are providing the flexible and creative solutions that our advertising partners need to reach consumers who are increasingly spending more time out of home.”
“We’re pleased with our Clear Channel results,” said Rich Bressler, Chief Financial Officer. “Americas outdoors continues to successfully execute on its strategy with its streamlined organization while International outdoor delivered overall revenue growth.”