Boston Omaha Q2 net loss $2.2M vs net income $1.5M a year ago; revenue up 12% to $27.1M

BOSTON OMAHA Corp

2024-Q2 EPS reported -$0.16 revenue$52,640,514

Total revenue $27.1M, up 12% YoY driven by billboard rentals ($11.4M) and broadband ($9.8M).
Net loss attributable to common stockholders $2.2M (EPS -$0.07) vs net income $1.5M (EPS $0.05) in Q2 2023.
One-time separation costs for former Co-CEO of $4.1M impacted Q2 results.
Book value per share $16.86 at June 30, 2024; cash from operations $6.9M for H1 2024.
Net loss from operations $4.4M vs $1.6M in prior year quarter; Sky Harbour investment valued at $91.8M.

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