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Clear Channel Outdoor Holdings, Inc. Reports Results For 2021 First Quarter


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SAN ANTONIO, May 10, 2021 /PRNewswire/  Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the Company ) today reported financial results for the quarter ended March 31, 2021.
During the first quarter, we continued to execute on our strategy to maximize the revenue potential of our global portfolio and optimize our ability to take full advantage of the economic recovery, said William Eccleshare, Chief Executive Officer of Clear Channel Outdoor Holdings, Inc. Our financial results were in line with our expectations and reflect the continued impact of the pandemic on global advertising spend coupled with a tough comparison against our strong performance in the comparable period last year. We are beginning to see improvement in mobility and advertising activity across many of our markets as the vaccination process gains traction and restrictions are eased. We expect the market environment to continue to improve as the year prog ....

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