Thu, May 8, 3:14 PM (9 days ago)
**Lamar Advertising Company (LAMR) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $505.4M, up 1.5% YoY. - **Net Income:** $139.2M, up 77.4% YoY. - **Operating Income:** $191.2M, up 66.6% YoY. - **Adjusted EBITDA:** $210.2M, down 0.8% YoY. - **Cash Flow from Operations:** $127.7M, up 15.4% YoY. **Profit Margins:** - **Operating Margin:** 37.8%. - **Net Margin:** 27.6%. **Cash Flow:** - **Operating Cash Flow:** $127.7M. - **Investing Cash Flow:** $65.4M (includes $117.5M from asset sales). - **Financing Cash Flow:** -$206.5M (includes $159.2M in dividends). **Earnings Changes:** - **EPS (Basic):** $1.35, up 76.6% YoY. - **EPS (Diluted):** $1.35, up 76.6% YoY. **Quarterly Performance Discussion:** - Revenue growth driven by billboard and transit advertising. - Increased operating income due to higher revenue and lower interest expense. - Adjusted EBITDA decrease attributed to higher expenses, offset by increased gross margin. - Significant gain on asset sales impacted net income positively. **Trends & Uncertainties:** - Positive trends in advertising demand and revenue growth. - Uncertainties include economic conditions, interest rates, and regulatory changes. **Future Operations Impact:** - Continued focus on acquisitions, capital expenditures, and dividend payments. - Expectations of maintaining liquidity and compliance with debt covenants. - Potential for further share repurchases and debt management.