Clear Channel Outdoor Holdings Inc
For the period ended Dec 31, 2024. Filed Feb 24, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 24, 2025
CCO$2.42-0.4%Stored close · as of Oct 14, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Loss
| (In thousands, except per share data) | Year Ended December 31, | ||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Revenue | $1,505,230 | $1,434,186 | $1,381,564 |
| Operating expenses: | |||
| Direct operating expenses(1) | 680,578 | 660,336 | 588,780 |
| Selling, general and administrative expenses(1) | 252,907 | 235,470 | 231,233 |
| Corporate expenses(1) | 126,904 | 129,248 | 118,762 |
| Depreciation and amortization | 173,998 | 196,811 | 173,726 |
| Impairment charges | — | — | 22,676 |
| Other operating income, net | (8,340) | (4,488) | (9,466) |
| Operating income | 279,183 | 216,809 | 255,853 |
| Interest expense, net | (401,541) | (398,050) | (334,055) |
| Gain (loss) on extinguishment of debt | (2,393) | 3,817 | — |
| Other expense, net | (8,378) | (5,699) | (784) |
| Loss from continuing operations before income taxes | (133,129) | (183,123) | (78,986) |
| Income tax benefit attributable to continuing operations | 9,365 | 23,679 | 89,907 |
| Income (loss) from continuing operations | (123,764) | (159,444) | 10,921 |
| Loss from discontinued operations | (52,114) | (149,372) | (105,309) |
| Consolidated net loss | (175,878) | (308,816) | (94,388) |
| Less: Net income attributable to noncontrolling interests | 3,376 | 2,106 | 2,216 |
| Net loss attributable to the Company | $(179,254) | $(310,922) | $(96,604) |
| Net loss attributable to the Company per share of common stock — Basic and Diluted: | |||
| Net income (loss) from continuing operations attributable to the Company per share of common stock | $(0.26) | $(0.34) | $0.02 |
| Net loss from discontinued operations attributable to the Company per share of common stock | (0.11) | (0.31) | (0.22) |
| Net loss attributable to the Company per share of common stock — Basic and Diluted(2) | $(0.37) | $(0.65) | $(0.20) |
(2)Due to rounding, the total may not equal the sum of the line items in the table above.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.