💨 Abstract

Clear Channel Outdoor Holdings Inc. reported a surprise Q1 net income of $62.5 million, exceeding Wall Street expectations. Despite revenue of $334.2 million falling short of forecasts, the company expects revenue between $393 million to $408 million for the upcoming quarter and $1.56 billion to $1.61 billion for the full year. Shares closed at 98 cents, down from $1.39

Courtesy: wtop.com

Summarized by Einstein Beta 🤖