Lamar Advertising (LAMR) Reports Q1 AFFO of $0.88

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Go back to Lamar Advertising (LAMR) Reports Q1 AFFO of $0.88

Lamar Advertising Company Announces First Quarter 2017 Operating Results

May 4, 2017 6:00 AM EDT

Three Month Results

Net revenue increased 2.3% to $346.4 millionNet income was $41.8 millionAdjusted EBITDA decreased 1.4% to $128.3 million

Three Month Acquisition-Adjusted Results

Acquisition-adjusted net revenue increased 1.3%Acquisition-adjusted EBITDA decreased 2.1%

BATON ROUGE, La., May 04, 2017 (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, 2017.

Our first-quarter revenue performance was in line with our... More