Brief: Clear Channel Outdoor Holdings Sees Better Performance In U.S. In Q4

Clear Channel Outdoor Holdings

08/11/2023 11:18

Nov 8 (Reuters) - Clear Channel Outdoor Holdings Inc
 CCO.N :
    * BELIEVE WE'LL SEE BETTER PERFORMANCE IN U.S. IN Q4
    * COMMENCED A PROCESS TO SELL OUR EUROPE-NORTH SEGMENT, AND
POTENTIAL BUYERS ARE REVIEWING PRELIMINARY INFORMATION
    * INITIATED A STRATEGIC REVIEW OF OUR BUSINESSES IN LATIN
AMERICA
    * CLEAR CHANNEL OUTDOOR HOLDINGS - DURING Q3, PLAN TO SELL
BUSINESSES COMPRISING EUROPE-SOUTH SEGMENT MET CRITERIA TO BE
REPORTED AS DISCONTINUED OPERATIONS
    * SEES FY CONSOLIDATED REVENUE  $2,091 MILLION TO $2,118
MILLION
    * FY2023 REVENUE VIEW $2.45 BILLION -- LSEG IBES DATA

Source text for Eikon:  ID:nPn5bZpqta 
Further company coverage:  CCO.N 

 ((Reuters.Briefs@thomsonreuters.com;))