Clear Channel Outdoor Holdings Reports Results for 2017 Second Quarter

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San Antonio, Texas - August 3, 2017 -  Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) today reported financial results for the second quarter ended June 30, 2017. 

“With the technology-fueled transformation of our Outdoor businesses enhancing our ability to monetize digital inventory, we are focused more than ever on strengthening our innovative data analytics and automated ad-buying offerings to maximize the value of our out-of-home digital reach,” said Bob Pittman, Chairman and Chief Executive Officer of Clear Channel Outdoor Holdings, Inc. “In the quarter, we continued to expand our digital networks around the world and extend our footprint across airports, street furniture and shopping centers, among other valuable venues.” 

Rich Bressler, Chief Financial Officer of Clear Channel Outdoor Holding, Inc. said: “In the second quarter, our consolidated results declined. However, adjusting for the impact of certain businesses we sold in 2016 and foreign exchange, we delivered growth in revenues at International outdoor. We remain committed to balancing financial discipline with investments to grow our businesses.” 

About Clear Channel Outdoor Holdings, Inc.

Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) is one of the world’s largest outdoor advertising companies with over 450,000 displays in 31 countries across Asia, Europe, Latin America and North America. Reaching millions of people monthly, including consumers in 43 of the top 50 U.S. markets, Clear Channel Outdoor enables advertisers to engage with consumers through innovative advertising solutions. Clear Channel Outdoor is pioneering the integration of out-of-home with mobile and social platforms, and the company’s digital platform includes more than 1,200 digital billboards across 28 markets in the U.S. and more than 14,000 digital displays in international markets. More information is available at ClearChannelOutdoor.com and ClearChannelInternational.com.