Revenue grew 4.5% to $528.0M driven by billboard and transit gains, but net income fell 27.0% to $101.3M as a prior-year gain on asset sales did not repeat.
Key takeaways
Gross profit rose 5.9% to $344.7M, with gross margin improving to 65.3% from 64.4%.
Net income fell 27.0% to $101.3M, and diluted EPS decreased to $1.00 from $1.35.