Outfront Media Inc (NYSE:OUT)

$ 17.495 -0.195 (-1.1%) Market Cap: 2.90 Bil Enterprise Value: 7.10 Bil PE Ratio: 12.77 PB Ratio: 4.70 GF Score: 66/100

OUTFRONT Media Inc at Oppenheimer Technology, Internet & Communications Conference (Virtual) Transcript

Aug 09, 2023 / 06:05PM GMT

Release Date Price: $12 (+3.45%)

Transcript 10-Q8-K

Ian Alton Zaffino

Oppenheimer & Co. Inc., Research Division - MD & Senior Analyst

Thank you very much. Hello, I am Ian Zaffino. I am the equity research analyst here at Oppenheimer that covers OUTFRONT Media. Thank you, everybody, for joining us. With me today is the company's CFO, Matt Siegel. Very pleased to have him here.

Matt, maybe to start off, give us a brief overview of the business and the markets you operate in today.

Matthew Siegel

OUTFRONT Media Inc. - Executive VP & CFO

Sure. OUTFRONT Media is an out-of-home advertising business. We have a combination of billboard and transit advertising assets. Company is about $1.8 billion of revenue. We have a national footprint primarily focused on the large markets on the NFL cities. We have a major presence really in all the large cities, focusing heavily on New York, Los Angeles and going in Miami. In Transit, we have operations in the trains, commuter rail, buses, bikes, also focusing on major cities. The billboard business has been super strong since pre-pandemic, with a strong

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