Clear Channel Outdoor: 3Q Earnings Snapshot
SAN ANTONIO (AP) _ Clear Channel Outdoor Holdings Inc. (CCO) on Wednesday reported a loss of $215.3 million in its third quarter.
On a per-share basis, the San Antonio-based company said it had a loss of 46 cents. Losses, adjusted to extinguish debt, were 25 cents per share.
The outdoor advertising company posted revenue of $653.4 million in the period.
The company’s shares closed at $2.65. A year ago, they were trading at $5.73.