Following up on the recent articles in Billboard Insider, I thought it would be beneficial to talk about the representations and warranties that lenders require. Typically, if you borrow, these reps and warranties are non-negotiable. They start the first day you borrow and extend “at all times any indebtedness exists.” (Quotation […]
Boston Omaha released third quarter 2024 financials yesterday. Here are the financials for Boston Omaha’s Link Media Outdoor subsidiary, sponsored and analyzed by SignValue. Revenues 2024 increased 5.6% to $11.5 million for 3Q 2024 due to improved rates and occupancy. The company has 7,600 billboard faces which works out to […]
“Our U.S. business grew revenues over 5% driven by an acceleration in our billboard growth and high single digit growth in transit”, was how OUTFRONT CEO Jeremy Male described the company’s third quarter 2024 performance. Here are the results of the OUTFRONT 3Q 2024 earnings release, 3Q 2024 earnings presentation […]
Exciting Leadership News at Adams Outdoor Advertising! We’re proud to welcome Louise Lopez as our new Chief Financial Officer! With over 20 years of C-suite experience, Louise has a wealth of expertise in strategic planning, mergers & acquisitions, shareholder value optimization and building high performing teams. She has led high-impact […]
“Trends continue to be encouraging as we near year end,” was how Lamar CEO Sean Reilly lead off the company’s 3Q 2024 earnings call. Here are the results of the Lamar Advertising 3Q 2024 earnings release and conference call, analyzed and sponsored by SignValue. Revenues increased by 4% to $564 […]
BROOKINGS, S.D., Nov. 08, 2024 (GLOBE NEWSWIRE) — Daktronics, Inc. (“Daktronics” or the “Company”) (NASDAQ-DAKT), the leading U.S.-based designer and manufacturer of best-in-class dynamic video communication displays and control systems for customers worldwide, today announced that, after careful deliberation, the Board of Directors (the “Board”) has determined that it is […]
Here is a summary of Clear Channel Outdoor’s third quarter 2024 earnings release, third quarter 2024 earnings presentation and third 2024 earnings call, analyzed by SignValue. Consolidated revenues grew 6.1% to $559 million due to growth internationally, at airports and in the US. Revenues were up 5% in the US. […]
Insider’s Note: Each party in this deal had their own press releases. From JCDecaux JCDecaux SE (Euronext Paris: DEC), the number one outdoor advertising company worldwide, announced on 30 May 2023 that it had signed an agreement with Clear Channel Outdoor Holdings, Inc. to acquire its business in Spain through […]
All three US out of home companies outperformed the market in the third quarter of 2024. Here’s an analysis of public out of home stock performance, prepared by SignValue. For the third quarter of 2024 OUTFRONT was up 28% on the rebound of transit revenues and the sale of Canada. […]
Yesterday New Tradition announced the purchase of RSA Media’s out of home assets in Boston. We find this transaction interesting because RSA was owned by American Tower. Maybe the billboards-are-just-like-towers experiment was a failure. Maybe there weren’t enough opportunities to put antennas on billboards. Maybe 28 billboards were overlooked amidst […]
