Clear Channel Outdoor Holdings (CCO)

[realfast95]

Clear Channel Outdoor Q2 Adj. EBITDA Loss $67.4M vs Gain $180.5M In Same Qtr. Last Year, Sales $314.91M Miss $322.97M Estimate

Americas:

Revenue down 39.0% year-over-year to $199.7 million.
Segment Adjusted EBITDA1 down 65.6% year-over-year to $47.0 million.

Europe:

Revenue down 63.0% year-over-year to $107.3 million.
Segment Adjusted EBITDA1 down $115.4 million year-over-year to $(68.8) million.
Revenue, excluding movements in foreign exchange rates ("FX"), down 62.3% year-over-year to $109.5 million.
Segment Adjusted EBITDA1, excluding movements in FX, down $117.5 million year-over-year to $(71.0) million.