Boston Omaha Q1 net loss $3.3M (-$0.11 EPS); revenues $22.8M (+40% YoY)

BOSTON OMAHA Corp

2023-Q1 EPS reported -$0.11 revenue$22,815,785

Revenue $22.8M, up 40% YoY; broadband services more than doubled to $8.54M after InfoWest/Go Fiber acquisitions.
Net loss attributable to common $3.3M (EPS -$0.11) vs net income $16.3M (EPS $0.55) in Q1 2022 (which included $25M gain).
Book value per share $17.13, up from $16.95 at Dec 31, 2022; operating cash flow positive $1.37M vs -$15.68M prior year.
Billboard rentals $10.3M (+12.7% YoY); premiums earned $3.11M (+35.8%).
Unrestricted cash & investments $82.0M, up $14.3M from Dec 31, 2022.

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