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BOC BOSTON OMAHA News Story

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Boston Omaha Q1 revenue edges up on broadband services

Overview

US holding company's Q1 revenue rose slightly yr/yr across core business units

Net loss attributable to common stockholders widened from prior year

Company repurchased 375,286 shares for $4.8 mln during the quarter

Outlook

Company did not provide specific financial guidance or outlook commentary

Result Drivers

NON-CASH LOSSES - Net other expense included a $1.7 mln non-cash loss from unconsolidated affiliates, mainly related to Sky Harbour

INVESTMENT GAINS - Realized gain of $1.0 mln from sale of investments at GIG and $0.4 mln unrealized gain on Sky Harbour warrants partially offset losses

Company press release: ID:nBw4Ttlp9a

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 EPS-$0.07
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.)

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