secwatch.observer — SEC 8-K summary
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Issuer:     LAMAR ADVERTISING CO/NEW (LAMR)
CIK:        0001090425
Form:       8-K
Filed at:   2025-08-08T23:59:59+00:00
Accession:  0001628280-25-039118
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lamar Q2 net revenue $579.3M (+2.5%); revises FY2025 AFFO guidance lower
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- Q2 net income $155.0M ($1.52 diluted) vs $137.6M in 2024; adjusted EBITDA $278.4M (+2.5%).
- Q2 AFFO per diluted share $2.22 (+6.7% YoY); YTD AFFO per share $3.81 (+5.0%).
- Revised FY2025 guidance: diluted AFFO per share $8.10-$8.20 (prev $8.13-$8.28); net income per share $6.09-$6.11.
- Completed UPREIT acquisition of Verde Outdoor assets with over 1,500 billboard faces across ten states for 1.1875M common units.
- CEO cites revenue growth accelerated but expects slower H2 improvement; liquidity $363M as of June 30.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1090425/000162828025039118/0001628280-25-039118-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1090425/000162828025039118/lamr-20250808.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-039118

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