Finance

Jeremy Male Talks 2025 Priorities and the Canada Sale

Here are some of OUTFRONT CEO Jeremy Male’s comments at last weeks Citi Global TMT Conference, excerpted and analyzed by SignValue. 2025 priorities: adding digitals, reducing leverage and improving efficiency A key area of focus we will continue to be…digital development…it’s probably the best deployment of capital in terms of […]

Daktronics Revenue Down 2.8% in 1Q FY25

Daktronics had a loss in the first quarter of fiscal 2025 caused by a non-operating charge on a convertible note.  Here are the results of Daktronics earnings release for the first quarter of final 2025 (3 months ended July 27, 2024) and conference call. Revenues declined  to $226 million due […]

Company of the Day: Primary Media

Company:  Primary Outdoor Media Markets:  Texas Address:  2511 Boll St, Dallas, TX  75204 Phone: 214-880-0440 Email:  info@primarymedia.com Primary Outdoor Media operates a billboard plant with 400 total faces including 12 digital faces in Texas.  The firm is an operator associate in the IBOUSA.  In early 2018 Primary acquired 50 billboards around […]

Trailhead for sale?

Billboard Insider hears from multiple sources that Trailhead Media is testing the waters on a sale.  Trailhead’s lead investor Viking Global has been in the investment since 2020 and we assume they will be calling the shots.  Trailhead has approximately 3,500 faces including 260 digital faces, clustered in the North […]

Adams Acquires 75 Triad Displays in North Carolina

September 3, 2024. Greensboro, NC – Adams Outdoor Advertising (“Adams”) is pleased to announce that it has acquired all of Triad Outdoor Advertising’s (“Triad”) billboard assets as of September 1, 2024. Terms of the deal were not disclosed. Triad, a family-owned business founded in Greensboro, NC, installed its first billboard […]

Lamar Increases Quarterly Dividend

BATON ROUGE, La., Aug. 27, 2024 (GLOBE NEWSWIRE) — Lamar Advertising Company (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, announces that its board of directors has declared a quarterly cash dividend of $1.40 per share payable on September 30, 2024 to stockholders of […]

Looking Ahead With Stark Capital

Insider is listening on Friday morning to Federal Reserve Chair Jerome Powell give his strongest signal yet that interest-rate cuts are coming soon, saying the central bank intends to act to stave off a further weakening of the U.S. labor market.  Of course, the overall economy is important, but the […]

Debt costs stable and leverage declining for public OOH companies

Here are two tables, prepared by Moorgate Capital Partners, which calculate the weighted average cost of debt and leverage (net debt/adjusted cashflow) for the public out of home companies as of June 2024.  Some observations: Debt costs were stable at the three public OOH companies during the second quarter of 2024. […]

SignValue’s Lamar Advertising at a Glance – 2024 Q2 Overview

SignValue has prepared the following analysis of Lamar Advertising’s 2nd quarter 2024 financials.   If you have questions contact Paul Wright, CEO, SignValue, paul@signvalue.com, 480-657-8400.   To receive a free morning newsletter with each day’s Billboard insider articles email info@billboardinsider.com with the word “Subscribe” in the title.  Our newsletter is free and […]

Verde Outdoor Media Buys Great Outdoor Advertising

TEMPE, AZ (Aug. 19, 2024) Verde Outdoor Media (VOM), a leading outdoor and online advertising company, announced today the acquisition of Great Outdoor Advertising (GOA), an independent out-of-home operator in the Northeast. This strategic expansion increases VOM’s portfolio to over 1,600 billboard faces across 10 states, further strengthening its network […]