secwatch.observer — SEC 8-K summary
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Issuer:     LAMAR ADVERTISING CO/NEW (LAMR)
CIK:        0001090425
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0001628280-25-023437
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lamar Q1 net revenue $505.4M (+1.5% YoY); AFFO $1.60/share (+3.9%); guidance reaffirmed
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- Net income $139.2M vs. $78.5M in Q1 2024, up 77.4% driven by $67.7M gain from sale of Vistar stake.
- Adjusted EBITDA $210.2M (-0.8% YoY); AFFO $164.3M (+3.8%); diluted AFFO per share $1.60.
- Acquisition-adjusted net revenue grew 1.1%; CEO cited local and programmatic strength.
- Repurchased 164,529 shares in Q1 ($18.4M); 1.22M additional shares in April ($131.6M).
- Full-year diluted AFFO per share guidance reaffirmed based on current pacings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1090425/000162828025023437/0001628280-25-023437-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1090425/000162828025023437/lamr-20250508.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-023437

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