secwatch.observer — SEC 8-K summary
======================================

Issuer:     LAMAR ADVERTISING CO/NEW (LAMR)
CIK:        0001090425
Form:       8-K
Filed at:   2025-11-06T23:59:59+00:00
Accession:  0001090425-25-000008
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lamar Q3 net revenues $585.5M (+3.8% YoY), AFFO per share $2.20, guidance on track
--------------------------------------------------------------------------------

- Net revenues $585.5M (+3.8% YoY); net income $144.1M (-2.5% YoY); diluted EPS $1.40 vs $1.44.
- Adjusted EBITDA $280.8M (+3.5% YoY); AFFO $226.5M (+2.6% YoY).
- Diluted AFFO per share $2.20 (+2.3%); full-year AFFO per share guidance reaffirmed on track.
- Recent refinancing: $700M Term B loans (maturity 2032) and $400M 5.375% Senior Notes due 2033.
- Total liquidity $834.2M at Sep 30, 2025; no revolver borrowings outstanding.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1090425/000109042525000008/0001090425-25-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1090425/000109042525000008/lamr-20251106.htm
  HTML page:      https://secwatch.observer/filing/0001090425-25-000008

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer