OUTFRONT Media Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 371.6 million compared to USD 354 million a year ago. Revenue was USD 468.8 million compared to USD 450.2 million a year ago. Net loss was USD 478.9 million compared to net income of USD 48 million a year ago. Basic loss per share from continuing operations was USD 2.92 compared to basic earnings per share from continuing operations of USD 0.28 a year ago. Diluted loss per share from continuing operations was USD 2.92 compared to diluted earnings per share from continuing operations of USD 0.28 a year ago.
For the six months, sales was USD 692.2 million compared to USD 652.2 million a year ago. Revenue was USD 864.6 million compared to USD 823.7 million a year ago. Net loss was USD 507.8 million compared to net income of USD 47.9 million a year ago. Basic loss per share from continuing operations was USD 3.11 compared to basic earnings per share from continuing operations of USD 0.25 a year ago. Diluted loss per share from continuing operations was USD 3.11 compared to diluted earnings per share from continuing operations of USD 0.25 a year ago.