secwatch.observer — SEC 8-K summary
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Issuer:     LAMAR ADVERTISING CO/NEW (LAMR)
CIK:        0001090425
Form:       8-K
Filed at:   2023-02-24T23:59:59+00:00
Accession:  0001628280-23-004953
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lamar Q4 revenue $535.5M (+8.3%), AFFO $1.91/sh; FY23 AFFO guidance $7.40-$7.55
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- Q4 net revenue $535.5M, up 8.3% YoY; adjusted EBITDA $252.3M, up 9.4%.
- Full-year 2022 net revenue $2.03B (+13.7%), net income $438.6M, AFFO per share $7.38 (+12%).
- FY 2023 guidance: diluted AFFO per share $7.40-$7.55, net income per share $5.14-$5.21.
- Board authorized $250M share repurchase and $250M debt repurchase through Sep 2024.
- Completed 73 acquisitions in 2022 for ~$480M, adding 8,200+ displays.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1090425/000162828023004953/0001628280-23-004953-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1090425/000162828023004953/lamr-20230224.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-004953

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