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Clear Channel Outdoor Holdings, Inc.'s CEO Discusses Second Quarter Results- Earnings Call Transcript

Clear Channel Outdoor Holdings, Inc (CCO)

Q2 2012 Earnings Conference Call

August 1, 2012, 04:30 pm ET


Brian Coleman – Senior Vice President, Treasurer

Tom Casey – CFO, Executive Vice President


James Dix

Marci Ryvicker

Avi Steiner

Bishop Cheen

Jason Kim

Lance Vitanza

Aaron Watts

(Jaime Morris)

Doug Arthur

Andrew Finkelstein



Ladies and gentlemen, good afternoon. Thank you for standing by and welcome to the Clear Channel second quarter earnings conference call.

At this time, all lines are in a listen only mode. There will be an opportunity for questions. (Operator Instructions)

At this time, I’d like to turn the conference over to our host, Senior Vice President and Treasurer, Mr. Brian Coleman. Please go ahead.

Brian Coleman

Good afternoon and thank you for joining our earnings call for the second quarter of 2012. On the call with me today is Tom Casey, Executive Vice President and Chief Financial Officer.

During today’s call, we will provide an overview of the second quarter financial and operating performances of CC Media Holdings, Clear Channel Communications, and Clear Channel Outdoor Holdings.

For purposes of this call, when we describe the financial and operating performances of CC Media Holdings, we are also describing the performance of its subsidiary, Clear Channel Communications. After Tom’s comments, we will open up the line for questions.

Before we begin, I would like to remind everyone that this conference call may include forward-looking statements. They involve uncertainties and risks. There can be no assurance that management’s expectations, beliefs, and projections will result or be achieved or that actual results will not differ from expectations.

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