Boston Omaha Corporation Announces First Quarter 2021 Financial Results

Boston Omaha Corporation (BOMN) (“Boston Omaha”) announced its financial results for the first quarter ended March 31, 2021

  • Link Media Outdoor Billboard Revenues were down by less than 1% during the first three months of 2021.  Boston Omaha and Lamar Advertising have been the public companies which have recovered fastest from covid due to a reliance on roadside billboards in rural markets.
  • Boston Omaha’s liquidity is excellent with $282 million in consolidated cash and unrestricted securities at March 31, 2021.  Expect to see more Link Media acquisitions.

Here are the financials.

 

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