|Bid||2.7200 x 1000|
|Ask||2.7000 x 3200|
|Day's range||2.6900 - 2.8100|
|52-week range||0.8700 - 3.1300|
|Beta (5Y monthly)||2.47|
|PE ratio (TTM)||N/A|
|Earnings date||09 Nov 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||3.05|
Hivestack, the leading global programmatic digital out of home (DOOH) ad tech company today announced a partnership with Clear Channel Outdoor Americas (CCOA), the U.S. based business of Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) one of the world's largest outdoor advertising companies. Through this new partnership, CCOA will offer advertisers a way to buy DOOH inventory programmatically through the Hivestack SSP, in addition to direct, across CCOA's nationwide digital footprint in the U.S
Good morning, and thank you for joining Clear Channel Outdoor Holdings' 2021 Second Quarter Earnings Call. On the call today are William Eccleshare, Chief Executive Officer of Clear Channel Outdoor Holdings, Inc.; and Brian Coleman, Chief Financial Officer of Clear Channel Outdoor Holdings, Inc., who will provide an overview of the second quarter 2021 operating performance of Clear Channel Outdoor Holdings, Inc. and Clear Channel International BV.
Shares of Clear Channel Outdoor (NYSE: CCO) are climbing today after the outdoor advertising company posted better results than investors expected. Clear Channel, the world's largest outdoor advertising company, is benefiting from a similar recovery in ad demand that digital platforms are seeing. Revenue in the quarter jumped 68.6% to $531.1 million, easily beating analysts' consensus estimate of $496.4 million.