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Lamar Advertising Company Announces Fourth Quarter and Year Ended December 31, 2020 Operating Results

Three Month Results


Net revenue was $428.5 million



Net income was $108.7 million



Adjusted EBITDA was $207.9 million


Twelve Month Results

Net revenue was $1.57 billion



Net income was $243.4 million



Adjusted EBITDA was $671.5 million


BATON ROUGE, La., Feb. 26, 2021 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR) (a??Lamara?? or the a??Companya??), a leading owner and operator of outdoor advertising and logo sign displays, announces the Companya??s operating results for the fourth quarter and year ended December 31, 2020.a??We concluded 2020 with a strong fourth quarter, aided by a recovery in national advertising and a surge in political spending, as well as further good work on the expense side," Chief Executive Sean Reilly said. "We have begun to invest again in our platform, and, with the strongest balance sheet in the industry, we are positioned well to benefit as the advertising market recovers further in 2021.a??Fourth Quarter Highlights
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