Quarterly ResultMay 14, 2026, 04:19 PM
Boston Omaha Q1 Net Loss Widens to $2.15M; Revenue Up 1.87%
AI Summary
Boston Omaha Corporation reported a widened net loss attributable to common stockholders of $2.15 million for the first quarter of 2026, compared to a net loss of $0.67 million in Q1 2025. Total revenues increased by 1.87% to $28.25 million, but this was outpaced by a 6.69% rise in total costs and expenses to $30.44 million, leading to a larger operating loss. The company also saw a significant increase in treasury stock repurchases and distributions to noncontrolling interests.
Key Highlights
- Net loss attributable to common stockholders widened to $2.15 million from $0.67 million year-over-year.
- Basic net loss per share increased to $0.07 from $0.02 in the prior year quarter.
- Total revenues grew 1.87% to $28.25 million, up from $27.73 million.
- Total costs and expenses rose 6.69% to $30.44 million from $28.53 million.
- Net cash provided by operating activities increased to $3.86 million from $2.56 million.
- Net cash from investing activities was $5.34 million, a shift from $(11.23) million used.
- Treasury stock purchases significantly increased to $4.81 million from $0.09 million.
- Distributions to noncontrolling interests rose to $5.58 million from $1.67 million.