clear channel outdoor holdings inc posted a secondquarter loss that narrowed from a year earlier as revenue rose amid what the company described as robust demand for outdoor advertising clear channel posted a net loss of 657 million for the quarter compared with a loss of 1246 million a year earlier analysts surveyed by factset were expecting a loss of 16 million an impairment charge of 218 million booked in the recently ended quarter helped drive the widerthanexpected loss revenue grew 21 to 6434 million analysts were looking for revenue of 6403 million according to factset revenue in the americas rose more than 27 from a year earlier while revenue in europe rose 13 the companys operations elsewhere drove revenue growth of 37 million advertising demand remained robust across our markets in the americas and europe chief executive scott wells said the company said it is continuing to evaluate strategic alternatives for its european business but is focused on selling lowermargin parts of that business rather than the entire operation given the current market environment write to will feuer at willfeuerwsjcom