secwatch.observer — SEC 8-K summary
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Issuer:     LAMAR ADVERTISING CO/NEW (LAMR)
CIK:        0001090425
Form:       8-K
Filed at:   2025-02-20T23:59:59+00:00
Accession:  0001628280-25-006550
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lamar Q4 net loss $1M on ARO revision; full-year AFFO $7.99/share; 2025 AFFO guidance $8.13-$8.28
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- Q4 net revenue $579.6M (+4.3% YoY); net loss $(1.0)M due to $159.7M ARO revision; excluding ARO, net income up 6.3%.
- Full-year 2024: net revenue $2.21B (+4.6%); net income $362.9M (down 26.9%) on ARO; adj. EBITDA $1.03B (+4.8%); diluted AFFO per share $7.99, above guidance.
- 2025 guidance: diluted AFFO per share $8.13-$8.28; net income per diluted share $6.01-$6.07; expects growth in AFFO.
- Received $115.1M cash from sale of 20% Vistar Media stake to T-Mobile; proceeds used to reduce revolver balance to $119M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1090425/000162828025006550/0001628280-25-006550-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1090425/000162828025006550/lamr-20250220.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-006550

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