earnings
confidence high
sentiment negative
materiality 0.65
Boston Omaha Q1 net loss narrows to $2.8M; revenue $25.6M, up 12% YoY
BOSTON OMAHA Corp
2024-Q1 EPS reported
-$0.09
revenue$25,552,731
- Revenue $25.6M: billboard rentals $10.7M, broadband $9.7M, insurance premiums $4.0M.
- Net loss $2.8M ($0.09/share) vs $3.3M ($0.11/share) in Q1 2023.
- Net other loss of $2.1M includes $10.2M Sky Harbour equity loss partially offset by $7.8M warrant gains.
- Cash from operations $2.4M vs $1.4M; book value per share $17.10.
- Unrestricted cash & investments $33.6M at March 31, 2024.