Company: CCO
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001334978-25-000012
Chunk: 19

Company: Clear Channel Outdoor Holdings, Inc.
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 1
Chunk 19
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,425 132,877 Accrued interest107,484 90,945 Deferred revenue80,209 70,214 Current portion of long-term debt303 348 Current liabilities of discontinued operations95,588 775,210 Total Current Liabilities605,178 1,271,978 NON-CURRENT LIABILITIESLong-term debt5,293,031 5,659,957 Non-current operating lease liabilities1,228,558 1,229,345 Deferred tax liabilities, net224,582 221,814 Other liabilities60,261 60,952 Total Liabilities7,411,610 8,444,046 Commitments and Contingencies (Note 6)STOCKHOLDERS’ DEFICITNoncontrolling interests12,225 11,669 Common stock, par value $0.01 per share: 2,350,000,000 shares authorized (505,823,618 shares issued as of March 31, 2025; 503,245,029 shares issued as of December 31, 2024)5,058 5,032 Additional paid-in capital3,595,340 3,589,930 Accumulated deficit(6,897,620)(6,960,129)Accumulated other comprehensive loss(106,295)(257,837)Treasury stock (14,909,639 shares held as of March 31, 2025; 14,038,477 shares held as of December 31, 2024)(29,432)(28,448)     Total Stockholders' Deficit(3,420,724)(3,639,783)     Total Liabilities and Stockholders' Deficit$3,990,886 $4,804,263  

See Condensed Notes to Consolidated Financial Statements

3

Table of Contents

CLEAR CHANNEL OUTDOOR HOLDINGS, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF INCOME (LOSS)

(UNAUDITED)

Three Months Ended(In thousands, except per share data)March 31, 20252024Revenue$334,180 $326,840 Operating expenses:Direct operating expenses(1)168,529 155,054 Selling, general and administrative expenses(1)63,662 59,272 Corporate expenses(1)19,780 29,874 Depreciation