Boston Omaha Corporation Announces Second Quarter 2018 Financial Results

Boston Omaha Corporation (NASDAQ: BOMN) (the “Company”), the parent of Link Media Outdoor  announced financial results for the second quarter ended June 30, 2018.  Summary financial data for the second quarter of 2018 and 2017 is shown below.  The Quarterly Report on Form 10-Q can be found at www.bostonomaha.com.

Insider’s take: A couple of things to note from the press release.  First is the 46% revenue growth during the first 6 months of 2018 due to acquisitions.  Second is the $238 million in unrestricted cash and investments.  Expect to see lots more out of home acquisitions from Link.

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