Recent Updates — OUT
OUTFRONT Media Inc. reported second quarter 2026 financial results, posting revenues of $522.5 million and net income attributable to the company of $77.5 million. Adjusted OIBDA increased 29.2% to $160.3 million, driven by strong organic gains in billboard and transit segments enhanced by the FIFA World Cup. Diluted earnings per share rose to $0.44 from $0.10 in the prior year period. Concurrently, the board declared a quarterly cash dividend of $0.33 per share, representing a 10% increase over the previous quarter. The dividend is payable on September 30, 2026, to shareholders of record as of September 4, 2026. OUTFRONT Media Inc. operates in the out-of-home advertising industry, managing billboards, digital displays, and transit systems across the United States.
On June 12, 2026, OUTFRONT Media Inc. and its subsidiaries entered into an indenture with Deutsche Bank Trust Company Americas as trustee, issuing $500.0 million in 6.000% Senior Notes due 2034. The notes are senior unsecured obligations of the Issuers and are guaranteed by the Company and its guarantors. The notes bear a 6.000% interest rate and interest is payable semi-annually on June 15 and December 15. OUTFRONT Media Inc. operates in the out-of-home advertising industry and provides advertising solutions through various media platforms.