How did OUTFRONT Media's revenue and expenses trend in Q4 2024?
4/14/2025 07:32pm
OUTFRONT Media's revenue and expenses in Q4 2024 showed a positive trend in revenue growth and stable gross profit, with operating expenses and R&D expenses remaining consistent:
1. **Revenue Growth**: The company's revenue by segment for Q4 2024 was $1.41 billion, indicating a strong performance in the Billboard segment. This is a notable increase from the previous quarter's revenue of $1.06 billion, suggesting a positive trend in revenue growth.
2. **Gross Profit Stability**: The gross profit remained at $493.2 million, reflecting stability in the company's profitability margin. This consistency in gross profit despite increased revenue highlights efficient cost management during the quarter.
3. **Operating Expenses and R&D Consistency**: The operating expenses and R&D expenses did not significantly change, remaining at $0, respectively. This indicates that the company maintained its expense levels, which could be a result of effective cost control measures or a reflection of the company's strategic focus on maintaining a balance between growth and stability.
|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|OUT|OUT.N|OUTFRONT Media|20240101-2024|Other|3.78E7|169|
|OUT|OUT.N|OUTFRONT Media|20240101-2024|Transit and Other|2.749E8|169|
|OUT|OUT.N|OUTFRONT Media|20240101-2024|Transit and Other|1.836E8|169|
|OUT|OUT.N|OUTFRONT Media|20240101-2024|Transit and Other|7.97E7|169|
|OUT|OUT.N|OUTFRONT Media|20240101-2024|Billboard|3.288E8|169|
|OUT|OUT.N|OUTFRONT Media|20240101-2024|Transit and Other|7.97E7|169|
|code|Ticker|Name|Date|R&D Expenses|Gross Profit|Interest Expenses|Operating Expenses|market_code|
|---|---|---|---|---|---|---|---|---|
|OUT|OUT.N|OUTFRONT Media|2024 Q1||4.085E8|||169|
|OUT|OUT.N|OUTFRONT Media|2024 Q2||4.773E8|||169|
|OUT|OUT.N|OUTFRONT Media|2024 Q3||4.519E8|||169|
|OUT|OUT.N|OUTFRONT Media|2024 Q4||4.932E8|||169|