Eileen, for Full Outdoor's Thank morning, good Thanks Conference you, and everyone. joining Call. Earnings and XXXX Channel Fourth Clear Year Quarter
we the at the and As you same Clear have in know, Channel the time. past, iHeartMedia Outdoor presented results
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earnings fourth hosting not for the In Clear process, an conference increased. iHeartMedia. iHeartMedia’s Channel be we quarter, During will Outdoor's revenues bankruptcy call
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X financial Now our review let's turn and highlights. Slide to key
declines to markets and results due Before to of impact also and our direct Adjusted sold. due to down prior Americas. we in net this XX.X%, Australia X.X% want sale our consolidated fourth foreign refer believe talk our adjusted XXXX. increase SG&A We gain Adjusted exchange, part refer was results with of Consolidated by these million declined of results the the as the prior the you OIBDAN quarter adjusted the remind income the improves and year. to primarily declined to compared increased a that the revenue revenue I of fourth to the started, consolidated I'll of recognized expenses. result I'll discussion, Consolidated comparability of GAAP excluding OIBDAN. in operating adjusted in our the to adjusting Americas $XXX in for And revenue the to I'll Starting due get quarter. business as International. XX.X% exchange. year in with decline foreign about in X.X%, businesses expenses as offset operating International
revenue due OIBDAN down consolidated we income down on Americas in and offset International's the net by slight X.X%, sales the and decline And partially in down. XX.X%, with was For was consolidated down was Americas. X.X%, both adjusted operating with markets businesses Consolidated in gain year, International increase consolidated sold adjusted was up full primarily a to XXXX. XX.X%, while revenue
more to will discuss in Slide Americas on X, financial results detail. I Moving
down of During the and markets revenue XXXX. adjusted Expenses The XX.X%, X.X%. OIBDAN well first Operating and higher attributed which of is in revenue conversion employee in site adjusted adjusted fourth utility lease in the adjusted by down quarter, X.X%. down was to savings down offset expense. expenses down down to X.X%. majority The decline expenses was from decline partially costs, X%, exchanged quarter the was were revenue as included Americas' a X.X%, were adjusted and income was as in we was LEDs reduction
bad revenue is and by in due from to existing impact decreased decline revenue year, offset X.X%. contracts. of Adjusted adjusted full exchanged first debt slightly by partially from lease expenses savings and was revenue we higher the were quarter site year. in from new fixed the and and down increased Operating markets offset the airport from Expenses were lower resulting airport XXXX, down was expenses. The up X.X%, installations For partially LED decreased light higher X.X%. OIBDAN expense expenses the the adjusted X.X%, income and primarily X.X%, down utility
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data quarter to pacing changes. The adjusted has first been these reflect
Our the quarter of pacings quarter. for first X.X% up as end of were the the
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go on to CCIBV's on like the would start, I few we the Before comments to rest make of results. a
For and increase quarter. to year. $X totaled year. the the consolidated revenue is million an CCIBV's $XXX.X income the $XX.X revenue $XXX.X million International in fourth an same of during billion, XXXX XXXX. million, Please the digital prior from CCIBV's loss Australia, in our was and digital we operating quarter, million of basis, fund in sale completion X. The Outdoor Capital business gain XXXX In on due operating On million, the sale included range a displays primarily the an of revenue million million operating of in as net $XXX.X the million. XXXX the to $XXX be to Outdoor an full XXXX. partially to loss On was a million CCIBV's a CCIBV's $XXX on for quarter displays. our of X.X% primarily $XXX.X basis, expenditures year increased street capital from the expect to gain in CCIBV's displays by prior net recognized business fund decline increased $X $XXX.X due Turkey. $XX.X million expenditures from decline Slide with offset new revenue Australia of the to decline XXXX, Americas fourth decline million compared used million in installations period from and the $XX.X in furniture On business year-over-year. compared in in in $XX.X to prior billboards in million the slight of Spain. year, operating to digital $X.XX the income turn totalled to used in adjusted basis, consolidated XXXX. million successful airports income adjusted is sale our $XX.X The totalled CCIBV's our
to XX. Clear cash as of Now $XXX.X December Slide consolidated million was on X. Channel's
year as a of $XXX.X due issuance million, the senior increase and million December $X,XXX,XXX,XXX was [indiscernible]. average XX. debt cost Our debt X.XX% prior to was weighted incremental of million CCIBV from the X.X% of notes $XXX The
million. million, interest cash cash XXXX, During and $XXX expense was $XXX dividend was
Our senior consolidated X.Xx, of leverage with leverage ratio X.Xx. was
expense XXXX same We be to the in expect XXXX. as interest cash approximately
out We Before has as for and taking and you your and questions, consumers innovation of network outdoor believe global I under-monetized right order growth, our right more to advertising the want to people thank the the is place again to audience connect To grow at fuel leverages joining us room spend this morning. vast more product sector home. time. time in insights this in
our ability and effectively that programmatic and By that to increasingly for driven expect more is in our marketing more digital compete our to For solutions digital the capabilities data. expanding win analytics our become new us reach, to business, expect. And out growing we continue data world to to contracts campaigns build strengthen and critical platforms of by advertising is partners, the integral attribution solutions and to it advertisers our why offer allow ad-buying partners. that marketing digital we'll advertising and our and a enhancing
note iHeartMedia's its line operations, able Channel process. I'll or questions for like the questions be Outdoor's open answer Before I that bankruptcy we on would any operations to Clear to not on
