secwatch.observer — SEC 8-K summary
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Issuer:     LAMAR ADVERTISING CO/NEW (LAMR)
CIK:        0001090425
Form:       8-K
Filed at:   2024-08-08T23:59:59+00:00
Accession:  0001628280-24-035862
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lamar Q2 revenue $565.3M (+4.5%); adjusted EBITDA +6.9%; AFFO per share +9.5%
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- Net revenue $565.3M (up 4.5% YoY); net income $137.6M vs $130.9M; diluted EPS $1.34 vs $1.28.
- Adjusted EBITDA $271.6M (+6.9%); diluted AFFO per share $2.08 vs $1.90 (+9.5%).
- Free cash flow $203.5M (+27.8% YoY); operating cash flow $256.3M.
- CEO reaffirms full-year diluted AFFO per share guidance of $7.75-$7.90, pacing at top end.
- Repaid $350M Term A loans on July 31; entered new $400M at-the-market equity facility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1090425/000162828024035862/0001628280-24-035862-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1090425/000162828024035862/lamr-20240808.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-035862

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