Lamar Advertising (LAMR) Tops Q2 EPS by 1c

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Lamar Advertising Company Announces Second Quarter 2016 Operating Results

August 9, 2016 6:00 AM EDT

Three Month Results

Net revenue increased 12.6% to $387.5 millionNet income increased 38.0% to $81.9 millionAdjusted EBITDA increased 13.5% to $176.4 million

Three Month Acquisition-Adjusted Results

Acquisition-adjusted net revenue increased 3.5%  Acquisition-adjusted EBITDA increased 5.6%

BATON ROUGE, La., Aug. 09, 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 second quarter ended June 30, 2016.

Our team turned in strong operating results across all key metrics, including... More