clear channel outdoor holdings inc cco reported tuesday a firstquarter net loss that narrowed and revenue that rose but came up short of expectations but provided an upbeat outlook for the current quarter the outdoor advertising companys stock was still inactive in premarket trading the net loss narrowed to 897 million from 3335 million the company did not report losses on a pershare basis revenue grew 417 to 5257 million but was below the factset consensus of 5375 million americas revenue rose 393 to 2951 million above the factset consensus of 2840 million and europe revenue increased 452 to 2171 million to miss expectations of 2279 million for the second quarter the company expects revenue of between 655 million and 675 million compared with the factset consensus of 634 million the stock has tumbled 354 year to date while the sp 500 spx has declined 163