SignValue has prepared the following analysis of JC Decaux’s 2nd Quarter 2023 financials. If you have questions contact Paul Wright, CEO, SignValue, paul@signvalue.com, 480-657-8400. To receive a free morning newsletter with each day’s Billboard insider articles email info@billboardinsider.com with the word “Subscribe” in the title. Our newsletter is free and we don’t […]
Finance
SignValue’s OUTFRONT Media at a Glance – June 2023
SignValue has prepared the following analysis of OUTFRONT Media’s 2nd Quarter 2023 financials. If you have questions contact Paul Wright, CEO, SignValue, paul@signvalue.com, 480-657-8400. To receive a free morning newsletter with each day’s Billboard insider articles email info@billboardinsider.com with the word “Subscribe” in the title. Our newsletter is free and […]
OUTFRONT’s Matt Siegel on Transit Challenges and Fewer Acquisitions
OUTFRONT CFO Matt Siegel spoke at Oppenheimer’s 26th annual tech, internet and communications conference last week. Some of the highlights. OUTFRONT’s business We have a major presence in large cities focusing heavily on New York Los Angeles and growing Miami. In transit we have operations and trains commuter rail buses […]
SignValue’s Clear Channel Outdoor at at Glance – June 2023
SignValue has prepared the following analysis of Clear Channel Outdoor’s 2nd Quarter 2023 financials. If you have questions contact Paul Wright, CEO, SignValue, paul@signvalue.com, 480-657-8400. To receive a free morning newsletter with each day’s Billboard insider articles email info@billboardinsider.com with the word “Subscribe” in the title. Our newsletter is free and […]
Link Media Revenues Up 10% in 2Q 2023
Boston Omaha reported financials for the second quarter of 2023. Here are the results for Link Media Outdoor, the company’s out of home subsidiary. Revenues increased 10% to $10.8 million due to improved rental and occupancy rates and the $14 million acquisition of Elevation Outdoor’s 256 faces in November 2022. […]
Clear Channel Outdoor Announces Proposed Private Offering Of Senior Secured Notes Worth $500,000,000
SAN ANTONIO, Aug. 8, 2023 — Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the “Company”) announced today that it will offer, subject to market and customary conditions, $500,000,000 aggregate principal amount of Senior Secured Notes due 2028 (the “Notes”) in a private offering that is exempt from registration under the […]
Clear Channel Outdoor Revenue Down 1% in Second Quarter 2023
Airports recovering. Billboards and northern Europe ho-hum. Southern Europe underperforming and on the way out. That’s how you can summarize the results of Clear Channel Outdoor’s 2Q 2023 earnings release, 2Q 2023 investor deck and conference call. Consolidated revenue declined by 1% to $637 million due to reductions in the […]
Lamar Revenue up 4.5% in 2Q 2023
Lamar announced solid results for the second quarter but lowered full year revenue growth guidance from 4% to 2-2.5% due to weakening revenues. Here are the results of the 2Q 2023 Lamar earnings release and 2Q 2023 Lamar earnings conference call. Revenues increased 4.5% in the second quarter of 2023. […]
OUTFRONT Revenues up 4% in 2Q 2023
OUTFRONT, like Lamar, revised down revenue guidance on yesterday’s conference call. Here are the results of the OUTFRONT 2Q 2023 earnings release, 2Q 2023 earnings deck and conference call. Revenue increased by 4% to $468 million during the second quarter of 2023. The company’s US media billboard yield increased by […]
Forbes Catches Up to Moreno et al.
Forbes has caught up to a story Billboard Insider broke on July 28 about Artie Moreno and Ernie Garcia II buying into Clear Channel Outdoor. See Two of Arizona’s Richest Businessmen Team up on Billboard Bet. Our favorite quote from the article: “We believe the group’s position in Clear Channel […]