Clear Channel reports Q2 consolidated revenue $781.2M consensus $765.53M Reports Q2 OIBDAN1 was down 3%, or $6M, to $197M. Reports consolidated EBITDA was $763M for the preceding twelve months ended June 30, down 4% compared to the same period of 2013. Q2 consolidated net income attributable to the Company was $51M compared to consolidated net income attributable to the company of $9M in the same period of 2013.
Clear Channel Outdoor reports Q4 OIBDAN up 8% Reports Q3 revenue $802M, consensus $803.47M. After adjusting for the movements in foreign exchange, the company’s OIBDAN was up 8% compared to the same period in 2013. On a reported basis, OIBDAN was up 5% to $234M for Q4 compared to the same period in 2013. The company’s consolidated net income totaled $43M in Q4 compared to $13M in the same period of 2013.