Company: CCO
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001334978-25-000012
Chunk: 20

Company: Clear Channel Outdoor Holdings, Inc.
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 1
Chunk 20
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 and amortization43,004 42,052 Other operating income, net(5,785)(3,297)Operating income44,990 43,885 Interest expense, net(99,361)(101,695)Loss on extinguishment of debt— (2,393)Other income (expense), net249 (8,849)Loss from continuing operations before income taxes(54,122)(69,052)Income tax expense attributable to continuing operations(1,180)(172)Loss from continuing operations(55,302)(69,224)Income (loss) from discontinued operations118,515 (19,859)Consolidated net income (loss)63,213 (89,083)Less: Net income attributable to noncontrolling interests704 584 Net income (loss) attributable to the Company$62,509 $(89,667)Net income (loss) attributable to the Company per share of common stock — Basic and Diluted:Net loss from continuing operations attributable to the Company per share of common stock$(0.11)$(0.14)Net income (loss) from discontinued operations attributable to the Company per share of common stock0.24 (0.04)Net income (loss) attributable to the Company per share of common stock — Basic and Diluted(2)$0.13 $(0.19)

(1)Excludes depreciation and amortization.

(2)Due to rounding, the total may not equal the sum of the line items in the table above.

See Condensed Notes to Consolidated Financial Statements

4

CLEAR CHANNEL OUTDOOR HOLDINGS, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

(UNAUDITED)

Three Months Ended(In thousands)March 31,20252024Net income (loss) attributable to the Company$62,509 $(89,667)Other comprehensive income (loss):Foreign currency translation adjustments22,656 (11,796)Reclassification adjustment for realized net losses from cumulative translation adjustments and pension related to sold businesses(1) 128,890 — Other comprehensive income (loss)151,546 (11,796)Comprehensive income (loss)214,055 (101,463)Less: Comprehensive income (loss) attributable to noncontrolling interests4 (5)Comprehensive income (loss) attributable to the Company$214,051 $(101,458