Clear Channel Outdoor reports Q2 revs -2.7% y/y to $722.8 mln vs $722.6 mln Captial IQ Consensus Estimate
- After adjusting for movements in foreign exchange rates, the Company's OIBDAN was up 2% in the second quarter 2015 compared to the same period of 2014.
- International outdoor revenues increased $9 mln, or 2%, during the second quarter 2015 as compared to the second quarter 2014 after adjusting for a $64 mln unfavorable impact from movements in foreign exchange rates.