Clear Channel Outdoor Holdings, Inc.
For the period ended Jun 30, 2025. Filed Aug 5, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Aug 5, 2025
CCO$2.42-0.4%Stored close · as of Oct 14, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Income (Loss)
| Three Months Ended · Six Months Ended | ||||
|---|---|---|---|---|
| (In thousands, except per share data) | June 30, | June 30, | ||
| 2025 | 2024 | 2025 | 2024 | |
| Revenue | $402,808 | $376,483 | $736,988 | $703,323 |
| Operating expenses: | ||||
| Direct operating expenses(1) | 185,530 | 167,168 | 354,059 | 322,222 |
| Selling, general and administrative expenses(1) | 65,711 | 64,427 | 129,373 | 123,699 |
| Corporate expenses(1) | 31,123 | 34,047 | 50,903 | 63,921 |
| Depreciation and amortization | 43,335 | 42,501 | 86,339 | 84,553 |
| Other operating income, net | (315) | (90) | (6,100) | (3,387) |
| Operating income | 77,424 | 68,430 | 122,414 | 112,315 |
| Interest expense, net | (96,026) | (100,120) | (195,387) | (201,815) |
| Gain (loss) on extinguishment of debt | 28,796 | — | 28,796 | (2,393) |
| Other income (expense), net | 663 | 449 | 912 | (8,400) |
| Income (loss) from continuing operations before income taxes | 10,857 | (31,241) | (43,265) | (100,293) |
| Income tax benefit (expense) attributable to continuing operations | (4,526) | 5,827 | (5,706) | 5,655 |
| Income (loss) from continuing operations | 6,331 | (25,414) | (48,971) | (94,638) |
| Income (loss) from discontinued operations | 4,318 | (13,220) | 122,833 | (33,079) |
| Consolidated net income (loss) | 10,649 | (38,634) | 73,862 | (127,717) |
| Less: Net income attributable to noncontrolling interests | 1,129 | 536 | 1,833 | 1,120 |
| Net income (loss) attributable to the Company | $9,520 | $(39,170) | $72,029 | $(128,837) |
| Net income (loss) attributable to the Company per share of common stock — Basic: | ||||
| Net income (loss) from continuing operations attributable to the Company per share of common stock | $0.01 | $(0.05) | $(0.10) | $(0.20) |
| Net income (loss) from discontinued operations attributable to the Company per share of common stock | 0.01 | (0.03) | 0.25 | (0.07) |
| Net income (loss) attributable to the Company per share of common stock — Basic(2) | $0.02 | $(0.08) | $0.15 | $(0.26) |
| Net income (loss) attributable to the Company per share of common stock — Diluted: | ||||
| Net income (loss) from continuing operations attributable to the Company per share of common stock | $0.01 | $(0.05) | $(0.10) | $(0.20) |
| Net income (loss) from discontinued operations attributable to the Company per share of common stock | 0.01 | (0.03) | 0.25 | (0.07) |
| Net income (loss) attributable to the Company per share of common stock — Diluted(2) | $0.02 | $(0.08) | $0.15 | $(0.26) |
(1)Excludes depreciation and amortization.
(2)Due to rounding, the total may not equal the sum of the line items in the table above.
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