Lamar Advertising (LAMR) Reports Q1 FFO of $1.12

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Lamar Advertising Company Announces First Quarter Ended March 31, 2020 Operating Results

May 7, 2020 6:01 AM EDT

Three Month Results

Net revenue increased 5.8% to $406.6 millionNet income was $40.5 millionAdjusted EBITDA increased 9.4% to $159.8 million

Three Month Acquisition-Adjusted Results

Acquisition-adjusted net revenue increased 4.4%Acquisition-adjusted EBITDA increased 8.7%

BATON ROUGE, La., May 07, 2020 (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, 2020.

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