earnings
confidence high
sentiment positive
materiality 0.60
Boston Omaha Q2 revenue rises to $24.2M, net income $1.5M vs $11.5M loss YoY; book value $17.33
BOSTON OMAHA Corp
2023-Q2 EPS reported
-$0.06
revenue$47,032,179
- Total revenue $24.2M in Q2 2023, up 16% from $20.9M in Q2 2022 due to growth in billboard and broadband segments.
- Net income attributable to common stockholders of $1.5M ($0.05 EPS) vs net loss of $11.5M ($0.39 loss) in Q2 2022.
- Cash from operations for six months 2023 improved to $4.4M inflow from $14.7M outflow in prior year period.
- Book value per share increased to $17.33 at June 30, 2023 from $17.05 at December 31, 2022.
- Total unrestricted cash & investments rose to $103.8M from $67.8M at year-end 2022.