Finance

How Much Debt is Too Much?

At the most recent Independent Billboard Operators (IBO) Conference in Pittsburgh, Billboard Insider’s Dave Westburg moderated a fantastic panel discussion on industry merger and acquisition activity.  During the discussion, Dave made some comments related to his thoughts on the healthy amount of debt for a billboard company.  At Stark Capital […]

Third Quarter Results for Link Media Parent, Boston Omaha

Link Media parent, Boston Omaha Corporation provided their third quarter financial results.  Here is a portion of the full press release. OMAHA, Neb.–(BUSINESS WIRE)–Boston Omaha Corporation (NASDAQ: BOMN) (the “Company”) announced its financial results for the third quarter ended September 30, 2021 in connection with filing its Quarterly Report on […]

OUTFRONT Appoints Stephan Bisson VP Investor Relations

NEW YORK, Nov. 11, 2021 /PRNewswire/ — OUTFRONT Media Inc. (NYSE:OUT) is pleased to announce that Stephan Bisson will be joining OUTFRONT Media as Vice President, Investor Relations on November 15, 2021. Stephan will be responsible for all aspects of investor relations and will report to Matthew Siegel, Executive Vice […]

OneScreen.AI Raises $3 Million in New Funding

BOSTON — Nov. 10, 2021 – OneScreen.ai, a SaaS-enabled B2B marketplace provider for out-of-home (OOH) advertising, has raised an additional $3 million in seed funding to create the first-of-its-kind media platform that brings together the fragmented OOH advertising landscape. The funding, $2.6 million from Asymmetric Capital Partners and $400k from […]

Clear Channel Outdoor Revenue Up 33% in 3Q 2021

“We delivered very strong results during the third quarter and we entered the fourth quarter with continued business momentum,” was how Clear Channel Outdoor worldwide CEO William Eccleshare summarized  3rd quarter 2021 financials.  Here are the highlights of the 3rd quarter 2021 earnings release, earnings presentation and conference call. Revenue […]

OUTFRONT Revenues Up 41% in 3Q 2021

“This is a great time for out of home and a great time for OUTFRONT” was h0w OUTFRONT CEO Jeremy Male summarized 3rd quarter 2021 performance.  Here are the highlights from Outfront’s 3rd quarter earning release, earnings presentation and conference call. OUTFRONT revenue grew 41% to $399 million.  Billboard revenues […]

JC Decaux Revenue Up 31% During 3Q 2021

Revenues increased at JCDecaux despite mobility restrictions in asia and limits on international flights.  Here are the results of the company’s 3Q 2021 revenue release.  We’ve translated euros into dollars. Revenue increased 31% tp $888 million.  Street furniture grew 31%.  Transit grew 34%.  Billboards grew 21%. The company expects organic […]

Lamar Revenues Up 24% in Third Quarter 2021

“Our recovery is now complete,”  was how a bullish Sean Reilly lead off Lamar’s third quarter 2021 conference call.  Here are the highlights from Lamar’s 3Q 21 earnings release and conference call. Revenues increased 24% to $476 million.  Local revenue grew 18%.  National and programmatic revenue grew 40%. Adjusted EBITDA […]

Out of Home Stock Dividend Yields

OUTFRONT announced yesterday that it will pay a $0.10 quarterly dividend on December 3, 2021.  Billboard Insider expects Lamar to announce a December dividend of at least $1.00 per share.  Here’s a dividend history for Lamar and OUTFRONT for the past three years. Are out of home stocks a good […]