Company: CCO
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001334978-25-000012
Chunk: 21

Company: Clear Channel Outdoor Holdings, Inc.
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 1
Chunk 21
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)

(1)Included in “Income from discontinued operations” on Consolidated Statement of Income.

See Condensed Notes to Consolidated Financial Statements

5

CLEAR CHANNEL OUTDOOR HOLDINGS, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ DEFICIT

(UNAUDITED)

Three Months Ended March 31, 2025Controlling InterestTotal Stockholders’ Deficit(In thousands, except share data)Common Shares IssuedNon-controlling InterestsCommonStockAdditional Paid-inCapitalAccumulatedDeficitAccumulated Other Comprehensive LossTreasury StockBalances at December 31, 2024503,245,029 $11,669 $5,032 $3,589,930 $(6,960,129)$(257,837)$(28,448)$(3,639,783)Net income704 — — 62,509 — — 63,213 Release of stock-based awards and exercise of stock options2,578,589 — 26 (26)— — (984)(984)Share-based compensation— — 5,436 — — — 5,436 Payments to noncontrolling interests, net(152)— — — — — (152)Foreign currency translation adjustments9 — — — 22,647 — 22,656 Dispositions of businesses(5)— — — 128,895 — 128,890 Balances at March 31, 2025505,823,618 $12,225 $5,058 $3,595,340 $(6,897,620)$(106,295)$(29,432)$(3,420,724)

Three Months Ended March 31, 2024Controlling InterestTotal Stockholders’ Deficit(In thousands, except share data)Common Shares IssuedNon-controlling InterestsCommonStockAdditional Paid-inCapitalAccumulatedDeficitAccumulated Other Comprehensive LossTreasury StockBalances 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)584 — — (89,667)— — (89