Tag: rich bressler

Clear Channel Execs on reducing leverage and expenses and P&G’s shift to out of home.

Last week’s conference call marked the debut of the new  Clear Channel Outdoor executive team.  Some highlights. William Eccleshare, Chairman and CEO Clear Channel International on the benefits of focus I think as a fully-focused, pure-play outdoor business, it’s going to enable us to perhaps concentrate a little more than […]

Clear Channel Outdoor Revenues up 5% in 4Q 2018

Clear Channel Outdoor announced 4th quarter 2018 results.  Here are the results of the earnings release, earnings deck and the seeking alpha earnings call transcript. Consolidated revenue excluding exchange rates increased 5% to $765 million for the fourth quarter of 2018.   Americas Outdoor (Clear Channel US and Clear Channel Canada) […]

Bressler highlights RADAR success.

Clear Channel Outdoor’s RADAR system uses mobile data to assist in out of home buying. Channel Outdoor CFO Rich Bressler spoke favorably about RADAR on this week’s earnings conference call: “By leveraging our aggregated and anonymized mobile location data, RADAR has achieved impressive results for both national and local brand […]

Clear Channel Outdoor Revenue and Cashflow up in 1Q 2018

Clear Channel announced first quarter 2018 earnings yesterday.  Here’s a summary of the earnings release, slide presentation and seeking alpha transcript. Consolidated revenue increased 9.9% to $598 million due to international sales growth and the impact of foreign exchange movements.   Americas revenue (US and Canada) declined 1.7% to $256 million […]