Lamar Advertising (LAMR) Tops Q1 AFFO by 48c

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Lamar Advertising Company Announces First Quarter 2016 Operating Results

May 5, 2016 6:00 AM EDT

Three Month Results

Net revenue increased 11.9% to $338.5 millionAdjusted EBITDA increased 9.8% to $130.2 million

Three Month Pro Forma Results

Pro forma adjusted net revenue increased 2.6%Pro forma adjusted EBITDA increased 3.1%

BATON ROUGE, La., May 05, 2016 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, announces the Companys operating results for the first quarter ended March 31, 2016.

"We are pleased with... More