Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) saw its stock rise 4.55% in after-hours trading on Tuesday after the company posted second-quarter revenue that surpassed forecasts, driven by robust growth in its Airports segment and ongoing advances in digital advertising.
The out-of-home advertising firm reported Q2 revenue of $402.81 million, topping analyst expectations of $397.37 million. This marks a 7.0% increase compared to the same period last year, with the Airports division leading the charge with a 15.6% revenue boost.
Net income from continuing operations came in at $6.33 million, a notable turnaround from a $25.41 million loss in the second quarter of 2024. Adjusted EBITDA also improved, climbing 7.7% year-over-year to $128.56 million.
“We delivered solid financial results within our guidance range during the second quarter, while making good progress executing on our strategic plan,” said Scott Wells, CEO of Clear Channel Outdoor Holdings. “Our outlook remains positive for the second half of the year, attesting to the strength of out-of-home advertising and our leadership in driving the digital transformation of our industry.”
Digital advertising remained a key driver of growth. Digital revenue in the Americas rose 11.1% to $113.8 million, while digital revenue from Airports surged 31.5% to $63.5 million.
The company also advanced its deleveraging efforts, repurchasing $229.7 million of senior notes in Q2 and refinancing around 40% of its debt maturities after the quarter closed.
Looking ahead, Clear Channel Outdoor increased its third-quarter 2025 revenue forecast to a range of $395–410 million, above the analyst consensus of $392.9 million. It now expects full-year revenue between $1.57 billion and $1.60 billion, slightly higher than the $1.569 billion forecasted by analysts.
The company noted that approximately 90% of its Q3 revenue guidance is already secured under contract, providing a strong base for continued momentum through the second half of the year.
Clear Channel Outdoor Holdings stock price
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