Lamar Advertising (LAMR) Misses Q2 EPS by 8c, Revenues Miss; Revised FY20 EPS Guidance Below Consensus

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Lamar Advertising Company Announces Second Quarter Ended June 30, 2020 Operating Results

August 6, 2020 6:01 AM EDT

Three Month Results

Net revenue was $347.7 millionNet income was $31.4 millionAdjusted EBITDA was $133.2 million

Six Month Results

Net revenue was $754.2 millionNet income was $71.9 millionAdjusted EBITDA was $293.0 million

BATON ROUGE, La., Aug. 06, 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 second quarter ended June 30, 2020.

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