Company: CCO
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001334978-25-000037
Chunk: 27

Company: Clear Channel Outdoor Holdings, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 1
Chunk 27
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 of treasury stock to settle share-based awards— — (2,172)— — 2,172 — Release of stock-based awards and exercise of stock options9,881,229 — 99 (99)— — (4,444)(4,444)Payments to noncontrolling interests, net(4,833)— — — — — (4,833)Foreign currency translation adjustments26 — — — 30,696 — 30,722 Disposition of businesses(5)— — — 128,895 — 128,890 Balances at September 30, 2025513,126,258 $9,935 $5,131 $3,606,810 $(6,948,194)$(98,246)$(30,720)$(3,455,284)

Nine Months Ended September 30, 2024Balances at December 31, 2023494,061,048 $12,298 $4,941 $3,563,807 $(6,780,875)$(227,344)$(23,570)$(3,450,743)Net income (loss)2,104 — — (161,377)— — (159,273)Share-based compensation— — 19,682 — — — 19,682 Release of stock-based awards and exercise of stock options8,873,663 — 88 (88)— — (4,800)(4,800)Payments to noncontrolling interests, net(3,916)— — — — — (3,916)Foreign currency translation adjustments1 — — — 807 — 808 Balances at September 30, 2024502,934,711 $10,487 $5,029 $3,583,401 $(6,942,252)$(226,537)$(28,370)$(3,598,242)

See Condensed Notes to Consolidated Financial Statements

6

CLEAR CHANNEL OUTDOOR HOLDINGS, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

(UNAUDITED)

(In thousands)Nine Months Ended September 30,20252024Cash flows from operating activities:  Consolidated net income (