Picture of BOSTON OMAHA logo

BOC — BOSTON OMAHA News Story

0.000.00%
us flag iconLast trade - 00:00
Consumer CyclicalsBalancedSmall CapSuper Stock

Boston Omaha Q2 revenue rises slightly, net loss narrows

Boston Omaha Q2 revenue rises slightly, net loss narrows


Overview

  • US holding company's Q2 revenue rose slightly yr/yr, net loss narrowed

  • Company's insurance unit classified as held for sale after previously announced sale agreement

  • Company repurchased 451,281 shares for $5.8 mln during Q2


Outlook

  • Company did not provide specific financial guidance or outlook for future periods


Result Drivers

  • INVESTMENT LOSSES - Net other expense in Q2 included unrealized losses on Sky Harbour warrants, losses in asset management funds, and interest expense, partially offset by realized gains on equity sales and investment income


Company press release: ID:nBw5HtCqxa


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Loss Per Share

$0.05


Reuters Recommended Reads

  • Aug 11 - Mount Logan Q2 loss widens on insurance investment losses

  • Aug 13 - Brookfield Wealth Q2 net profit falls on mark-to-market losses; distributable operating profit up

  • Aug 13 - Live Ventures Q3 revenue falls 3%, posts net loss


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Recent news on BOSTON OMAHA

See all news