Clear Channel posts wider loss, revenue beats forecasts

nl.investing.com (Dutch)

Clear Channel reported a second-quarter loss per share of $0.02, missing forecasts, while revenue of $438.04 million beat expectations. Analysts had expected a loss of $0.013 per share and revenue of $426.07 million. The results come amid other major consumer-sector earnings, including Amazon and Tesla. The AEX index fell Thursday, while gold prices continued rising and new consumer spending data was released, providing broader market context.


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Clear Channel posts wider loss, revenue beats forecasts | News Minimalist