U.S. Markets open in 3 hrs 17 mins

Clear Channel Outdoor: 1Q Earnings Snapshot

SAN ANTONIO (AP) _ Clear Channel Outdoor Holdings Inc. (CCO) on Thursday reported a loss of $164.2 million in its first quarter.

The San Antonio-based company said it had a loss of 45 cents per share. Losses, adjusted to extinguish debt, were 43 cents per share.

The outdoor advertising company posted revenue of $587.1 million in the period.

Clear Channel Outdoor shares have climbed slightly since the beginning of the year. The stock has increased 5 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CCO at https://www.zacks.com/ap/CCO