Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) Q1 2023 Results Earnings Conference Call May 14, 2023 8:30 AM ET
Company Participants
Eileen McLaughlin - Vice President of Investor Relations
Scott Wells - Chief Executive Officer
Brian Coleman - Executive Vice President and Chief Financial Officer
Justin Cochrane - Chief Executive Officer, UK and Europe
Conference Call Participants
Avi Steiner - J.P. Morgan
Daniel Osley - Wells Fargo
Cameron McVeigh - Morgan Stanley
Aaron Watts - Deutsche Bank
James Goss - Barrington Research
Lance Vitanza - TD Cowen
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. Scott and Brian will provide an overview of the 2023 first quarter operating performance of Clear Channel Outdoor Holdings, Inc. and Clear Channel International BV.
We recommend you download the earnings conference call investor 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, will participate in 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 performance 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 our earnings release and the earnings conference call investor presentation.
Also, please note that the information provided on this call speaks only to management’s views as of today, May 9, 2023, and may no longer be accurate at the time of a replay.
Please turn to slide 4 in the earnings presentation, and I will now turn the call over to Scott.
Scott Wells
Good morning, everyone. And thank you for taking the time to join today's call. Our solid first quarter consolidated results reflect continued strong execution by our team, combined with overall healthy demand from advertisers, particularly for our digital assets.