Adjusted EBITDA increased 7.7% to $128.6 million, with Americas segment adjusted EBITDA up 0.5% and Airports segment adjusted EBITDA up 27.6%.
AFFO rose significantly by 75.9% to $27.8 million.
Airports segment revenue was $99.7 million, up 15.6%, outperforming guidance with strong national and local sales growth.
Capital expenditures totaled $12.8 million, down 21.4%, due to lower digital and shelter-related spend.
Clear Channel Outdoor Holdings reported consolidated revenue of $402.8 million for Q2 2025, a 7% increase year-over-year, within guidance.
Debt refinancing and buybacks reduced annual interest by $17.5 million, with total interest savings of approximately $28 million from prepayment of term loans.
Liquidity stood at $351 million, including $139 million cash and $212 million revolver availability.
The Americas segment generated $303.1 million in revenue, up 4.4%, driven by digital revenue growth of 11.1%, local sales up 7.4%, and the MTA roadside billboard contract ramp-up.
Amkor delivered second quarter revenue of $1.51 billion, an increase of 14% sequentially and 3% year-on-year, exceeding the high end of guidance.
Cash and short-term investments totaled $2 billion with total liquidity of $3.1 billion and total debt of $1.6 billion, resulting in a debt-to-EBITDA ratio of 1.5x.
EBITDA was $259 million with a margin of 17.1%.
Gross profit was $182 million with a gross margin of 12%, including $25 million in preparation costs for Q3 ramp and new product launches.
Net income was $54 million and EPS was $0.22, including $16 million and $0.07 respectively from the contingent payment.
Operating income was $92 million with a margin of 6.1%, including a $32 million nonroutine benefit from a contingent payment related to the 2017 NANIUM acquisition.
Cadence delivered exceptional financial results for Q2 2025, exceeding revenue and EPS guidance with 20% revenue growth and 29% non-GAAP EPS growth year-over-year.
Cash balance at quarter end was $2.823 billion, debt outstanding was $2.5 billion, operating cash flow was $378 million, and $175 million was used to repurchase shares.
Core EDA revenue grew 16% year-over-year, IP business grew more than 25% year-over-year, and system design and analysis business grew 35% year-over-year.
Recurring revenue was 78% in Q2, a multiyear low, impacted by strong hardware demand and paused ratable revenue in China.
Total revenue was $1.275 billion, GAAP operating margin was 19%, non-GAAP operating margin was 42.8%, GAAP EPS was $0.59, and non-GAAP EPS was $1.65.
Dafinchi