Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) Q3 2023 Earnings Conference Call November 8, 2023 8:30 AM ET

Company Participants

Eileen McLaughlin - VP, IR

Scott Wells - CEO

Brian Coleman - EVP and CFO

Justin Cochrane - CEO, UK and Europe

Dave Sailer - CFO, Americas

Conference Call Participants

Avi Steiner - JPMorgan

Richard Choe - JPMorgan

Cameron McVeigh - Morgan Stanley

Lance Vitanza - TD Cowen

Steven Cahall - Wells Fargo

Aaron Watts - Deutsche Bank

Operator

Ladies and gentlemen, thank you for standing by. Welcome to Clear Channel Outdoor Holdings 2023 Third Quarter Earnings Conference Call. [Operator Instructions]

I will now turn the conference to your host, Eileen McLaughlin, Vice President of Investor Relations. Please go ahead.

Eileen McLaughlin

Good morning and thank you for joining our call. On the call today are Scott Wells, our CEO, and Brian Coleman, our CFO. They will provide an overview of the 2023 third quarter operating performance of Clear Channel Outdoor Holdings, Inc. and Clear Channel International BV.

We recommend you download the earnings presentation located in the financial section in our Investor website and review the presentation during this call.

After an introduction and a review of our results, we'll open the line for questions. And Justin Cochrane, CEO of Clear Channel UK and Europe, and Dave Sailer, CFO of Clear Channel Outdoor, Americas will join Scott and Brian during the Q&A portion of the call.

Before we begin, I'd like to remind everyone that during this call, we may make forward-looking statements regarding the company, including statements about its future financial performance and its strategic goals.

All forward-looking statements involve risks and uncertainties and there can be no assurance that management's expectations, beliefs or projections, will be achieved or that actual results will not differ from expectations. Please review the statements of risk contained in our earnings press release and our filings with the SEC.

During today's call, we will also refer to certain measures that do not conform to Generally Accepted Accounting Principles. We provide schedules that reconcile these non-GAAP measures with our reported results on a GAAP basis as part of the earnings presentation.

Also, please note that the information provided on this call speaks only to management’s views as of today, November 8th, 2023, and may no longer be accurate at the time of the replay.

Please turn to Slide 4 in the earnings presentation and I will now turn the call over to Scott.