Mergers & Acquisitions ·
Boston Omaha Corporation reported a net loss attributable to common stockholders of $1,612 thousand ($0.05 per share)…
BOCBOSTON OMAHA Corp
Boston Omaha Corporation reported a net loss attributable to common stockholders of $1,612 thousand ($0.05 per share) for the second quarter ended June 30, 2026, compared to a $2,319 thousand loss in the prior year period. Total revenues increased 2.4% to $22.2 million, driven by growth in Billboard Rentals and Broadband Services. The company announced an agreement to sell its insurance subsidiary, General Indemnity Group, to CopperPoint Insurance Company for approximately $84.3 million, with closing expected in the second half of 2026 subject to regulatory approvals. During the quarter, Boston Omaha repurchased 451,281 shares of Class A common stock for $5.8 million. The company operates as a public holding company engaged in outdoor advertising, broadband telecommunications, surety insurance, and asset management.