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Clear Channel Outdoor Q4 earnings rise 67 pct

Thu Feb 14, 2008 4:30pm EST

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Feb 14 (Reuters) - Outdoor advertising company Clear Channel Outdoor Holdings Inc. (CCO.N) said on Thursday its quarterly profit rose 67 percent, helped by growth in bulletin revenue and ads from automotive, telecommunications and retail companies.

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The San Antonio, Texas-based company posted a fourth-quarter net profit of $106.6 million, or 30 cents per share, up from $65.1 million, or 18 cents per share, a year earlier.

Revenue rose 13 percent to $936.7 million. (Reporting by Esha Dey in Bangalore)

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